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Investment Firm Buys One Quarter of Man United Shares

American investment firm Baron Capital has bought nearly one quarter of all Manchester United shares available on the New York Stock Exchange, according to various reports. Baron now owns 24 percent of all shares in the Old Trafford club that listed by the Glazer Family in 2012. However, this only represents a small portion of the English champion, as only 10 percent of the club’s shares were floated on the NYSE.  The Glazer family still controls 90 percent of the Premier League club and the vast majority of boardroom votes.

Read the whole story at BBC Sport »

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