Glazer 'considering options' on United
Billionaire American businessman Malcolm Glazer today refused to rule out a bid to buy Manchester United.
Glazer, who last week increased his stake in the club to 16.31%, said he is considering his options and could increase his shareholding.
However Glazer, who owns former Super Bowl champions the Tampa Bay Buccaneers, could also sell his stake in the club.
A statement released to the Stock Exchange this morning read: "The Malcolm I. Glazer Family Partnership notes the press speculation resulting from its increased shareholding in Manchester United Plc.
“The Malcolm I. Glazer Family Partnership is a long-time and enthusiastic supporter of Manchester United.
“The Malcolm I. Glazer Family Partnership has acquired shares in Manchester United because it has great admiration for Manchester United’s rich history, loyal fans, great players, outstanding managers, winning tradition and for investment purposes.
“As with any investment, it is considering its possible options, which may include increasing its shareholding or decreasing its shareholding in Manchester United.
“It could also include a possible offer for or a possible sale of its shareholding in Manchester United.
“Contrary to press speculation, no financial adviser has as yet been appointed in connection with its investment in Manchester United.
“The Malcolm I. Glazer Family Partnership will make a further announcement when appropriate.”
