Thursday, April 21, 2005

Manchester United Board Chews Over Glazer's Latest $1.5B Offer

They call Manchester United's stadium the "theatre of dreams". But it seems that nobody at Old Trafford wants Malcolm Glazer to have even a bit-part in their play. Everyone from club manager Sir Alex Ferguson -- a perennially worried-looking Scotsman who chews gum as though his life depends on it-- to the team's most casual fan seems fervently opposed to what they see as a charlatan Yankee intrusion on their Beautiful Game. Glazer's latest $1.5 billion bid will not appease the Red Devils' supporters-- as they are known-- since the financial terms of the bid have been left virtually unchanged. Glazer, the owner of U.S. football's Tampa Bay Buccaneers, put pressure on United's board to give its support for the 300 pence per share offer, a price directors called "fair" for shareholders. (source)

0 Comments:

Post a Comment

<< Home