Livewire1974
If it moves, report it.
Manchester United have announced that co-chairman Avram Glazer has put a portion of his shares in the club up for sale. The United chief could receive roughly £71million after he put five million of his shares in United up for sale late on Thursday night.
A successful sale would see Avram's personal stake in the club reduce down to 10.2% while the family's as a whole would drop from 78% to 74.9%
In a lot of companies 25% is required to block decisions by the board, so this could be significant.
https://www.manchestereveningnews.c...manchester-united-glazer-shares-sale-20097746
A successful sale would see Avram's personal stake in the club reduce down to 10.2% while the family's as a whole would drop from 78% to 74.9%
In a lot of companies 25% is required to block decisions by the board, so this could be significant.
https://www.manchestereveningnews.c...manchester-united-glazer-shares-sale-20097746