McManus and Magnier raise Man Utd stake

Irish racehorse magnates J

Irish racehorse magnates J.P McManus and John Magnier have slightly raised their holding in Manchester United to just over 24 per cent.

Their investment vehicle, Cubic Expression, said in a statement on Monday that it now held 24.24 per cent of Manchester United, up from a previous 23 per cent.

Last month, American sports entrepreneur Malcolm Glazer also raised his stake in the club to 14.31 per cent.

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