Selling United by the pound

From the moment that Manchester United was first quoted on the stock exchange in 1991, the football club surrendered control of its destiny to its investors.

14th May, 2005

From the moment that Manchester United was first quoted on the stock exchange in 1991, the football club surrendered control of its destiny to its investors. Like any publicly quoted company, United investors were free to sell their shares to anyone mounting a bid for the company. Rupert Murdoch nearly succeeded in gaining control six years ago. And it is no surprise that John Magnier and JP McManus decided to sell their 28.7 per cent...

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