• From The BBC:

    The Red Knights group eyeing a possible bid for Manchester United is to be advised by investment bank Nomura, the Japanese firm has said.The group of financiers has met the football club’s supporters, who have been running a vocal campaign to bring about a change of ownership. Manchester United was bought by the Glazer family for £800m in 2005. The Nomura team will be led by two bankers who advised the Glazer family on its takeover five years ago. “Nomura will work closely with the Red Knights, the Manchester United Supporters’ Trust and other potential investors to co-ordinate and formulate the proposal to be put to the Glazer family,” the financiers said in a statement. “Nomura is beginning its role by contacting the many expressions of financial support the Red Knights have received to date.” The Red Knights group includes Goldman Sachs economist Jim O’Neill, lawyer Mark Rawlinson and financier Keith Harris. The Glazers’ reign has been controversial, with many fans opposed to…

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    Posted by Jon @ 11:19 am

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