Newz Forum: SOCCER: Glazer increases stake in Manchester United

Billionaire American businessman Malcolm Glazer has increased his stake in Manchester United less than 24 hours after John Magnier and JP McManus did the same thing, fuelling rumours of a takeover war between the two camps.

Mr Glazer, who owns American football team the Tampa Bay Buccaneers, previously held a 14.31% stake in the English Premiership club.The move represents a purchase of 5.4 million Manchester United shares. While Mr Glazer's decision to raise his holding in Manchester United is expected to fuel rumours of a possible takeover bid, he has not, as yet, asked for a seat on the board at Old Trafford.

Irish businessmen John Magnier and JP McManus latest purchase means that their investment company, Cubic Expression, now holds 28.89% of the shares in the English Premiership club.

I don't know what they are playing at,they must be taking over the club between them.They own nearly half of it between all three of them.