Football: Reticent United Allow Glazer Access to Accounts ; National Round Up

Summary


Manchester United have confirmed they will provide Malcolm Glazer with 'limited due diligence' in order to advance his takeover plans - but have stated they do not believe they would be able to back the American's bid proposal.

Five days after revealing they had received 'detailed proposals' from Glazer, the Red Devils' board - led by chief executive David Gill and chairman Sir Roy Gardner - have realised supporters' worst fears by allowing the Tampa Bay Buccaneers owner to inspect club accounts in the interests of the majority of shareholders.

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Extract


Football: Reticent United Allow Glazer Access to Accounts ; National Round Up

However, they have done so with massive reservations over the financing of the scheme, which they claim will 'put pressure on the b...

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