Sport news

United Glaser pulls on the market 7.08.2011

Glazer family, which owns the Manchester United will put on sale by 25 percent stake in the club. The idea has received funds to cover part of the debts of the "Red Devils".

As reported, "Daily Mirror" American family hopes to collect over 400 million pounds. Own funds plus the amount will be rounded to half a billion pounds and will be used for repayment.

As is known, in January last year the debt was more than 700,000 English pounds. Much of the fans even expressed concern about the financial health of United. Now Glazer will seriously improve it, if their planned strategy differ.

According to the source, the Manchester United family estimated at 1.7 billion pounds. In May 2005, Glazer acquired the shares for 800 million. Americans want to keep yourself in at least 75 percent of the club. Qatar royal family has repeatedly made offers to buy United, but it was not accepted.