Manchester United leaves U.K. exchange

This version of Wbna8316689 - Breaking News | NBC News Clone was adapted by NBC News Clone to help readers digest key facts more efficiently.

Manchester United was taken off the London Stock Exchange on Wednesday, ending a 14-year stint as a publicly traded company.

Manchester United was taken off the London Stock Exchange on Wednesday, ending a 14-year stint as a publicly traded company.

The expected move follows the recent takeover of the Premier League team by Tampa Bay Buccaneers owner Malcolm Glazer.

Glazer became majority shareholder of Manchester United on May 16 in a $1.47 billion buyout of the world’s richest soccer club.

Glazer said in a June 14 statement to the London Stock Exchange that his Red Football Ltd. company owned 97.3 percent of Manchester United’s shares and planned to take the club off the stock market by June 22.

The London exchange confirmed Wednesday that the club had been “de-listed” from the stock market

Red Football is expected to make a statement on Monday, the deadline for remaining Manchester United shareholders to sell their shares.

×
AdBlock Detected!
Please disable it to support our content.

Related Articles

Donald Trump Presidency Updates - Politics and Government | NBC News Clone | Inflation Rates 2025 Analysis - Business and Economy | NBC News Clone | Latest Vaccine Developments - Health and Medicine | NBC News Clone | Ukraine Russia Conflict Updates - World News | NBC News Clone | Openai Chatgpt News - Technology and Innovation | NBC News Clone | 2024 Paris Games Highlights - Sports and Recreation | NBC News Clone | Extreme Weather Events - Weather and Climate | NBC News Clone | Hollywood Updates - Entertainment and Celebrity | NBC News Clone | Government Transparency - Investigations and Analysis | NBC News Clone | Community Stories - Local News and Communities | NBC News Clone