SportBusiness.com

United battle rages on

Tagged in

The boardroom battle raging at English Premier League club Manchester United shows no signs of slowing after the club’s two major shareholders demanded answers to a list of questions over transfer deals.

Racehorse millionaires JP McManus and John Magnier have demanded an independent audit into monies paid to agents for a number of deals – and submitted a list of 99 questions to the club.

The duo – who have fallen out with club manager Alex Ferguson over the ownership of a racehorse – own just over 25 percent of the club through their Cubic Expression company.

United CEO David Gill – who replaced Peter Kenyon when he quit to join rivals Chelsea last year – has vowed to conduct an internal review into the deals in question in a bid to defuse the row.

McManus and Magnier have already tried to stop Ferguson being given a new contract – although he was handed a new one-year rolling deal earlier this week.
The letter with the questions has been linked to a number of major news organisations, including the BBC