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11/03/2014
Manchester United Reveals Identity of Major Investor
The ownership of Manchester United football club becomes clearer after the Premier League club have confirmed that the identity of one of it major inverters which have a quarter of all available shares on the New York Stock.
This part have been bought by the US Investment firm, Baron Capital who owns 24% of the stock a 2.5% stake in the club.
Analysts saw the buy-out as long-term investments rather than any early attempt to potentially buy out the Glazer family, who purchased the football club in 2005 and still retain a 90% stake after liberated 10% of the club to the stock market in 2012 to raise funds, according Sky News.
(CVS)
This part have been bought by the US Investment firm, Baron Capital who owns 24% of the stock a 2.5% stake in the club.
Analysts saw the buy-out as long-term investments rather than any early attempt to potentially buy out the Glazer family, who purchased the football club in 2005 and still retain a 90% stake after liberated 10% of the club to the stock market in 2012 to raise funds, according Sky News.
(CVS)
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Northern Ireland WeatherToday:It will be cloudy again throughout the day. Mainly dry in the morning, but patchy drizzle in places, becoming more widespread and persistent in the afternoon. Freshening southwesterly winds. Maximum temperature 12 °C.Tonight:Cloudy with a spell of heavy rain pushing south through late evening and the early hours, followed by some clear spells. Minimum temperature 6 °C.
