SETTING THE RECORDS STRAIGHT GLAZERS TAKEOVER OF MANCHESTER UNITED SEP 2003 = 3.17% DEC 2003 = 15% Oct 2004 = 43% (His acquisition of John Magnier and J. P. McManuss 28.7% Stake) May 2005 = 57% May 2005 = 75% (Weeks Later in the same month) Jun 2005 = 98% Jun 2005 = 100% (Forced a squeeze up clause on the remaining 2% shares on the shareholders) OWNERSHIP OF MANCHESTER UNITED SINCE 2012 Red Football (Glazers Family) = 82% OWNERSHIP George Soros (Soros Fund Management) 3.1 million class A shares = 1.9% OWNERSHIP Ronald Stephen Baron (Baron Capital Group) 15,026,190 million Class A Shares = 9.2% OWNERSHIP Others Shareholders 21,651,766 million Class A Shares = 6% OWNERSHIP Manchester United supporters trust(MUST) has neither class A shares nor Class B shares directly. But individual members of the MUST are gradually buying shares at NYSE when the takeover bid by the Red Knight failed in 2012. As at now the economic ownership right and voting right of Manchester United by the Glazers are 82% and 90% respectively. We do hope that members of the trust will keep on patronising the shares as it is released by the Glazeers to finance their debt. And we hope in no time the team would be ours like before. Glory Glory Man United
Posted on: Tue, 14 Oct 2014 13:17:21 +0000
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