Man Utd co-owner Kevin Glazer to become first family member to sell Red Devils stake - News Summed Up

Man Utd co-owner Kevin Glazer to become first family member to sell Red Devils stake


United co-owner Kevin Glazer is set to sell his 13 per-cent stake in the clubManchester United co-owner Kevin Glazer is reportedly looking to jump ship and sell his stake in the club. According to The Sun, Kevin has converted his class B shares into class A shares, which will allow him to trade them on the New York Stock Exchange. And it appears Kevin is ready to bite the bullet and cash out of the club. Kevin Glazer's siblings have already gained greater control of UnitedTrendingThe Sun claim the Kevin Glazer Irrevocable Exempt Family Trust has 20,899,366 A shares, which are worth £270m. It is also reported that Kevin has a further 3,765,392 A shares, worth nearly £50m, from KEGT Holdings.


Source: Express October 15, 2019 05:03 UTC



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