Manchester United owners have invested an additional 9.5 million, valued at $ 186.86 million (£ 137.12 million), in shares.
United put up an ad in a New York store on Tuesday night, on behalf of club presidents Kevin Glazer and Edward (Manchester United owners) Glazer. The statement made it clear that “the club will not receive any money from the sale”. It comes five months after United’s Premier League dispute with Liverpool ended due to fan protests. It followed when the European Super League performance fell from which United teammate Joel Glazer got involved in the negotiations.
In March, Avram Glazer sold 70 million to the club. The sale accounts for 8% of the family’s total holdings, although they still maintain a total of 69% at United (in Manchester United), and sources say they are firmly committed to the club. These shares will almost always be sold at a lower price than the market price due to the large volume sold.
United president Joel Glazer attended the Fan Forum twice after a riot by his supporters and vowed to give his supporters apart. In September, he said that the implementation of the shared plan was “complex”, but said that “we are crossing the barrier” and we hope to finish the plan “soon”.