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View Full Version : [5] So now we know why Unitedís share prices have been fluctuating with bulk purchases.



Red News
12-03-2014, 12:13 PM
It has been revealed that Baron Capital now own 24 per cent of all the United shares that were sold by the Glazer family in 2012, though PA reveals that still only represents 2.5 per cent of the club.


Baron Capital says: "Shares of Manchester United dropped... due to a delay in the signing of a new global merchandise deal with Nike and the team's poor performance on the field. The Nike deal is still expected to be signed, but has been pushed out from this fiscal year. We remain positive on the company's prospects going forward."


United fan Andy Green says: ďThis is absolutely not the start of any takeover. You could buy all the shares available on the stock market and you would still only have 10 per cent of the club and about 1.3 per cent of the votes I am sure they are looking at the investment opportunities and rumours of the new Nike deal. They have a reputation as a long-term investment company."


The United share price was 15.84 US dollars on Monday.