Manchester United Football Club
In recent years, their performance has been in the doldrums and their management has been criticized, with their owners, the Grassa family, being the target of fans' hatred.
Manchester United Football Club
Director General Michael Leighton recently let slip that he was contacting other wealthy businessmen to prepare for the
Manchester United Football Club
A hostile takeover bid aimed at kicking the Grassa family out.
Manchester United Football Club
Michael Leighton, 70, joined the organization in 1989-92.
Manchester United Football Club
Board of Directors and a former director, he had already offered to buy the company for £20 million in 1989
Manchester United Football Club
But the plan failed in the end. Michael Leighton was recently in
Manchester United Football Club
The Religion, an online program for fans, says: Everyone knows that
Manchester United Football Club
I need a new boss, this is my goal, this plan has made progress, I talked to a lot of people, got a lot of support from rich businessmen, they are ready to tighten the acquisition documents, remember, this is a hostile takeover.
Asked about the nature of the hostile takeover, Michael Leighton said, "Hostile takeover means that even if Grassa does not intend to sell, it is not a good idea to sell.
Manchester United Football Club
We will still make a legitimate, strong and appropriate commercial offer, telling them "you're done, it's time for you to go". Michael Leighton did not disclose the actual offer, but said it would be made soon: "Our consortium is ready to go, the money is ready, the paperwork is tight, we hope Ratcliffe (a wealthy British businessman) will join us, he can solve a lot of problems, but even if he doesn't join us, I guarantee you that we will officially go ahead with the takeover in a short period of time.
