PREDATORS TO GET SEAT ON THE BOARD

Last updated : 15 March 2004 By Editor
The Grauniad reports:

‘Irish horseracing tycoons John Magnier and JP McManus are
expected to be offered seats on the board of Manchester
United, where they have built a 29 per cent stake through
their investment vehicle, Cubic Expression.

‘The admission of Cubic Expression to the club's inner
corporate sanctum needs formal approval by United's
directors, who would need to be assured that Magnier and
McManus were not behind a plot to take over the club, which
has been at the centre of bid speculation for months.’