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May 12, 2005, 06:01 PM
Glazer wins control of Man United
US sports tycoon Malcolm Glazer has won control of Manchester United in a £790m ($1.47bn) takeover bid.
The American has secured the 28.7% stake owned by Irish racing tycoons JP McManus and John Magnier, and now has more than 70% of the Premiership club.
May 12, 2005, 07:07 PM
NOOOOO.......... The one thing is didnt want to happen... Im hoping he does ge tthat 75% or 90% plus one share. If he gets 75% plus one share he can put his debts on the club..... SO SAD....
Manchester United fans are angry at the latest news.
So am I.
"We feel completely betrayed by John Magnier and JP McManus."
So do I...
May 13, 2005, 01:28 AM
May 14, 2005, 04:34 AM
Effectively Man United will turn from one of the most financially sound clubs to a debt-ridden club.
May 17, 2005, 08:33 PM
Well the worst has happened. Glazer has over 75% of the team. He now has complete freedom of the club.
June 11, 2005, 04:09 PM
yeh, but apparontly he did good things with his team in america, i know hes in debt an all but who knows, he might do really good, or he might do really crap. either way, its happened, no turning back now
June 12, 2005, 12:06 PM
He is already planning to raise prices. In America this is a normal occurance. I dont think it is in Europe.
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