Financiers mull bid for Man Utd

Red Knights group in bid to buy one of the most famous football clubs in the world.

manchester united finance

A group of financiers known as the Red Knights has begun talks on a possible takeover bid for the heavily-indebted Manchester United Football club.

The group, which appears determined to oust the club’s US owners – the Glazer family, confirmed they had met to discuss the issue.

Pundits say the Red Knight Group has effectively set a challenge to ManU supporters to show how much they wish to see alternative ownership.

Al Jazeera’s Jim Spencer reports.

Source: Al Jazeera