Keane's Clever Clause
Former Manchester United captain, Roy Keane, has disclosed how he made a pretty penny from the Glazer family's acquisition of the club in 2005. Keane, who was leading the Red Devils at the time, had a genius contract clause that allowed him to benefit from the takeover.
Glazers' Takeover Journey
The Glazers, led by Malcolm Glazer, began their investment in Manchester United in 2003 by purchasing a mere 2.9% of the club for £9 million. Over the next couple of years, their stake gradually increased until they gained complete control of the club, with the takeover costing them a hefty £790 million.
Keane's Unexpected Windfall
Thanks to a clause in Roy Keane's contract, he had ownership of shares in the club, which were eventually acquired by the Glazers. Reflecting on the takeover, Keane revealed in his book, The Second Half, that the Glazers' arrival was financially beneficial for him.
New Investor on the Horizon
The unpopular Glazer family has recently agreed to sell a 25% stake in Manchester United to Sir Jim Ratcliffe. The British billionaire, who heads Ineos, has paid a staggering £1.03 billion for the share and will assume responsibility for the club's football operations.
courtesy of thesun.co.uk
Patience Required for Glory Days
Sir Jim Ratcliffe has assured Manchester United supporters that he aims to bring back the club's former glory. However, he has called for patience as he works to resolve the current issues plaguing the team.
Stay tuned for further updates on this exciting development in the world of football.