14:58 25-07-2014
MAIN Russian
About us On-line subscription
KazakhstanTajikistanUzbekistanKyrgyzstanTurkmenistanWorld
POLITICSBUSINESSINCIDENTSSOCIETYCULTURESPORTANALYSISSCIENCE
Manchester United's former owner passes away at 86

Bishkek (AKIpress) - _75164997_malcolm_glazer_redshirt Malcolm Glazer, the billionaire who led a controversial takeover of Manchester United, has died at the age of 86.

The Glazer family purchased United for £790m in May 2005 amid protests from the Premier League club's fans.

However, they went on to win five Premier League titles and the Champions League under his ownership.

The New York-born American's sons, Joel and Avram, took over the day-to-day running of the club after their father suffered a stroke in April 2006, said BBC.

"The thoughts of everyone at Manchester United are with his family tonight," said a spokesman for the Premier League club.

The Glazer family retain a 90% share in United - split equally among Glazer's six children - with 10% listed on the New York Stock Exchange.

Glazer, who never actually stepped foot inside Old Trafford, gradually bought out United shareholders between 2003 and 2005.

His takeover was largely funded by loans secured against the club's assets, a move that took them heavily into debt and sat uneasily with many fans at Old Trafford.

Manchester United Supporters' Trust vice-chair Sean Bones said: "It would be inappropriate for me to make any comment about the death of Malcolm Glazer as I didn't know him or his family personally.


Twitterfacebookprint
09:37 29.05.2014
LATEST NEWS
14:58 McDonald's Japan stops sourcing all chicken from China14:47 Latest data on murder of Victoria Gania: murderer mentally ill14:18 World Bank Regional Director for Central Asia evolves on Rogun Assessment Studies and Consultation Process13:40 Tajikistan external debt nears $2.2 billion by July 113:27 Several official sentenced from 6 to 25 years in prison at April 7, 2010 trial13:27 Famous bards of Russia and Kazakhstan to perform in Astana13:18 Almaty-Aktobe speed passenger train to be launched since August13:16 Former President's brother, son, ex-Prime Minister sentenced to life imprisonment over massive shooting of demonstrators on April 7, 201013:12 Former national security service chief announced guilty of being accessory to demonstrators' killing on April 7, 201013:07 FAO: need for urgent action to protect global soil from degradation13:06 Former Vice Chairmen of State Guard Service announced guilty of killing demonstrators at April 7, 2010 trial13:04 Oil price slips below $102 a barrel as worries over supply, geopolitical tension ease13:02 Several officials acquitted of demonstrators' killing charges at April 7, 2010 events trial12:56 Raising wages for Kyrgyzstani teachers and doctors down migration to Kazakhstan: Kyrgyz Consul General in Almaty12:54 Court announces former President's brother guilty of killing demonstrators on April 7, 201012:40 Batken, Sughd police chiefs to discuss compensation of damage to Kyrgyz villagers caused by Tajik citizens12:35 Situation on Kyrgyz-Tajik border remains tense12:34 66% of examinees fail Complex Testing of Entrants in Kazakhstan12:25 Proportion of services drops in Kyrgyzstan's GDP structure due to tightened customs control by Customs Union countries12:20 Kyrgyz Economy Ministry notes 5% economic growth deceleration since start of 2014
Astana
+22° C
Ashgabat
+36° C
Bishkek
+30° C
Dushanbe
+30° C
Tashkent
+34° C
exchange rates
 
69.89
51.83
8.36
1.48
247.42
183.52
29.63
5.24
6.68
4.96
0.80
0.14
3172.31
2328.16
375.17
66.21
3.84
2.85
0.46
0.08

© AKIpress News Agency - 2001-2014
Use of the AKIpress.com materials must be accompanied by a hyperlink to www.akipress.com
Our address:
Moskovskaya str. 189, Bishkek, the Kyrgyz Republic
e-mail: english@akipress.org, akipressenglish@gmail.com;
Tel/Fax: +996(312)90-07-75