LONDON (Reuters) - U.S. investment group Baron Capital has built up a stake worth about $150 million (£90.16 million) in English soccer champions Manchester United, it said in a regulatory filing on Tuesday.
The investment by New York-based Baron represents about 5.8 percent of United's $2.6 billion market value but a dual-share structure means that the American Glazer family remains firmly in control of the club.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
