Tampa Bay Buccaneers owner Malcolm Glazer bought 1 million more shares of Manchester United on Wednesday, raising his share in the English soccer club to 16.69 percent...
News Source: tallahassee.com
Glazer has steadily increased his stake in Manchester United since last October. Earlier this month, he raised his stake to 16.31 percent a day after Irish racehorse owners J.P. McManus and John Magnier increased their shares in England's most famous soccer club to 28.89 percent.
If they buy 30 percent or more of the team, they will be required to make a formal takeover bid.
