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Glazers Selling selling 8 million Man United

  • Reuters, Thursday, July 31, 2014 4:25 PM

The Glazer family will make around $150 million by selling 8 million shares of its stake in Manchester United -- but the deal will leave the Americans still firmly in control of the club.

The Glazers bought United for $1.34 billion in 2005. Once the shares are sold, the six children of the late Malcolm Glazer will still own more than 80 percent of the club's total shareholding. The Glazers also own the NFL's Tampa Bay Buccaneers. Family patriarch Malcolm Glazer died earlier this year.

Read the whole story at Reuters »

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