Join Now  | 
Home About Contact Us Privacy & Security Advertise
Soccer America Daily Special Edition Around The Net Soccer Business Insider College Soccer Reporter Youth Soccer Reporter Soccer on TV Soccer America Classifieds
Paul Gardner: SoccerTalk Soccer America Confidential Youth Soccer Insider World Cup Watch
RSS Feeds Archives Manage Subscriptions Subscribe
Order Current Issue Subscribe Manage My Subscription Renew My Subscription Gift Subscription
My Account Join Now
Tournament Calendar Camps & Academies Soccer Glossary Classifieds
Fans aim to buy Man. United
Reuters, March 2nd, 2010 2:25PM
Subscribe to Section 2 Around the Net


MOST READ
TAGS:  England, Soccer Business


Wealthy fans, unhappy with Manchester United's American owners, are considering a bid to buy the English club, but a United spokesperson said it is not for sale. As it is, an expert says it would probably take $1.8 billion, if not more, to get the Glazer family to even take notice.

The "Red Knights," who include former Football League chairman Keith Harris and are working with the Manchester United Supporters Trust, had not yet contacted the Glazer family, who bought the club for about $1.2 billion but are saddled with debt they have had trouble paying down.

"Clearly the people they have got in the consortium are very experienced and knowledgeable people," said Wyn Grant, professor of football economics at Warwick University, "but it would take significantly more than 1.2 billion pounds [$1.8 b illion] in my opinion [to win over the Glazers]."

Read the original story...


No comments yet.

Sign in to leave a comment. Don't have an account? Join Now


AUTHORS

ARCHIVES
FOLLOW SOCCERAMERICA

Recent Section 2 Around the Net
EPL clubs lost $560 million last year    
English Premier League lost a total of $560 million despite a record $3.6 billion in income.
FIFA won't vote to oust Blazer    
A formal proposal by Concacaf to oust U.S. official Chuck Blazer from the FIFA executive committee ...
All-Brazilian semi in Copa Libertadores    
Copa Libertadores defending champion Santos scored a late goal to force a 1-1 aggregate tie before ...
Angel enjoys Red Bull return    
Former Red Bulls captain Juan Pablo Angel made his first visit to Red Bull Arena since ...
PK controversy in Dallas    
In Chicago's 2-1 win at Dallas on Wednesday, Chicago keeper Sean Johnson saved a Blas Perez ...
Wembley friendly to feature goal-line test    
When England takes on Belgium in a Euro 2012 warmup next week, one of the two ...
Beckham blames the ref    
The Los Angeles Galaxy are on a 6-game winless streak after falling Wednesday, 3-2, to San ...
Concacaf officials vote against Blazer    
A list of financial mismanagement allegations against former Concacaf leaders Jack Warner and Chuck Blazer was ...
Donovan misses Everton    
With his defending MLS champion Los Angeles Galaxy last in the Western Conference, Landon Donovan is ...
Joey Barton banned for 12 games    
Joey Barton's dismissal that helped Manchester City beat his Queens Park Rangers, 3-2, and win the ...
>> Section 2 Around the Net Archives