The Glazers’ ownership of Manchester United has come under renewed pressure after the club’s leading non-family shareholder expressed concern about the “reputational damage it has inflicted on himself” in trying to form a breakaway European Super League had brought.
Nick Train’s Lindsell Train UK equity fund owns 27 percent of the available United A shares on the New York Stock Exchange (NYSE), which is 7 percent of the club. Train announced that, following the European Super League (ESL) revelations last month, it has requested a meeting with United executives and is now “considering the impact on our investment.”
His fund also owns 11.3 percent of the available Juventus shares, making it the second largest investor in the Italian club after the Agnelli family