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Old 05-12-2005, 09:28 AM  
jayeff
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Join Date: May 2001
Posts: 2,944
Glazer already owns a little under 30% of United, a similar shareholding to a couple of Irish racehorse owners who seem tempted to sell him their shares. He has until next Tuesday to make a formal offer or withdraw and with fans threatening boycotts which could cost the club $25 million a year if Glazer wins, the outcome is not at all certain.

United is the most profitable soccer club in the world and makes around $50 million profit per year. A couple of years ago, another American billionaire, Philip Anschutz, was also rumored to be considering a takeover. Glazer's current bid - he has already been turned down three times - is close to $2 billion.
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