There is a growing group of investors coming together to buyout
the Glazer family from Manchester
United.
The Manchester Evening News says a 50-strong group
wealthy United fans is rallying under the banner of 'the Red
Knights' in a bid to buy the club from the Glazers.
Keith Harris, the chief executive of investment bank Seymour
Pierce, has been approached to gather together a consortium with
the cash clout to tempt the Reds' American owners to sell.
"Until the individuals want to come forward and go public we
cannot name names," said Duncan Drasdo of the Manchester United Supporters Trust (MUST). "Things
are still developing. It is moving forward, but it does take time
to get things together.
"There are 50 heavyweight players who will make up the bulk of
the consortium. They are all United fans and all very wealthy. They
are from the City of London or businessmen in the North West and
Manchester. Until it is all solid and ready to go we cannot name
them.
"MUST's role is to support the Red Knights and grow the
Trust."
The prosperous investors would provide the bulk of the potential
£1bn that is likely to be needed to tempt the Glazers to give up
their Old Trafford business.