Not that I like them [Ed.: pt-tuuie!!!] but you would not wish this on your smelliest pal:
US sports tycoon Malcolm Glazer has won control of Manchester United in a £790m ($1.47bn) takeover bid. The American has secured the 28.7% stake owned by Irish racing tycoons JP McManus and John Magnier, and now has more than 70% of the Premiership club. Red Football Ltd, acting on behalf of Mr Glazer, said the Irishmen had sold their stakes for 300p a share. Club fans have vehemently opposed Mr Glazer's ambition all along and fear that ticket prices will soar...Mr Glazer now wants to buy the rest of the club's shares. If he gets 75% plus one share, United could be delisted from the stock exchange and Mr Glazer could transfer his debt onto the club.My Morton FC came close about five years ago to becoming little more than a plaque at a shopping mall and was saved due to honest and true local owners stepping up supported by a beefy fan base with locals and ex pats like me buying 25 bucks worth of shares. I know a Man U Trust shareholder, a far less honourable state of affairs than being a shareholder of the mighty Morton Trust, but my thoughts are still with him and other real fans as their beloved club slips into the hands of someone's investment manager's discretion.
