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My brother is a die hard Man U fan and he told me that an American owns the team. Who is this person and how much did he pay for the club?
Tags: Manchester, owns, United
Manchester United is owned by Malcolm Glazer, an 84 year old wealthy Florida based business mogul. Glazer, who also owns the Tampa Bay Buccaneers of the NFL purchased 57% of the then publically traded club. Shortly thereafter, Glazer purchased 75% of the outstanding shares, leading to the club being removed from public trading.
Glazer now owns 100% of Man U through the Red Football parent company. All in all, Glazer paid 800 million pounds for the club, equivalent to $1.28 billion U.S.
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Latest activity: 11 years, 3 month(s) ago. This question has 1 answers.