Glazer vehicle Red Football takes control of Manchester United
It lifts its stake to about 70 percent at 300 pence a share and launches a formal bid for the rest of the club.
Red Football Ltd Acquirer · Manchester United Target
The deal
- Type
- Acquisition
- Amount
- Not recorded
- Stake
- 70%
- Status
- Closed
- Valuation
- 790MReported by CNN
- Region
- United Kingdom
- Date
- 12 May 2005
As of this development: a later development may record new terms.
Lifecycle
- Announced
- Closed
The parties
Manchester United Target
Red Football Ltd Acquirer