GLAZER ASSUMES TOTAL CONTROL TOMORROW

Last updated : 22 June 2005 By Ed

The Times:

While confirmation may not be received until early Thursday morning, the move is nothing more than an administrative process as Glazer's 97.3% stake in the Old Trafford outfit already gives him total control.

The Tampa Bay Buccaneers owner is due to give an update on his precise shareholding on Monday, once the latest extension for current shareholders to sell him their stake has expired.

It is widely assumed he will have collected the extra 0.3% which will allow him to launch a compulsory purchase of the remaining shares.

Once that move has been concluded and the club is brought out of its current Offer Period, representatives of Glazer's Red Football operation, in all likelihood son Joel, would be free to instigate the changes the Americans' camp hope will bring a massive hike in profits.