On this day in 2004: Malcolm Glazer continues journey to become Man Utd owner
The businessman upped his share in United to 16.31 per cent through holding company Red Football.
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.American tycoon Malcolm Glazer continued his journey to becoming Manchester United’s owner, by increasing his stakeholding in the club, on this day in 2004.
The businessman upped his share in United to 16.31 per cent through holding company Red Football, less than a year after first investing.
Their pursuit of controlling power continued and they eventually bought a controlling stake in the club in May 2005, with Avram Glazer and his brothers Joel and Bryan appointed to the Manchester United board as non-executive directors the following month.
The takeover was not well received by United fans, who protested against the Americans which saw phoenix club F.C. United of Manchester founded.
Malcolm Glazer died in 2014 aged 85, though his death did not affect the running of the United, who still had one of the largest revenues in world football.
The Glazer family ownership has remained unpopular with fans, however, with plans to be part of the ill-fated European Super League prompting violent protests at Old Trafford.