dodgy memory not so dodgy after all

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Mr Glazer now wants to buy the rest of the club's shares. If he gets 75% plus one share, United could be delisted from the stock exchange and Mr Glazer could transfer his debt onto the club.

If he can get 90% plus one share, he can make a compulsory purchase and scoop up the other 10% of the club's shares.

With heavy trading in Manchester United shares taking place after the announcement, it is already looking increasingly likely that Mr Glazer will quickly reach the 90.01% stake he needs to force out any remaining shareholders.

Posted By: blindasabat, Jun 30, 12:14:28