Nomura to advise Red Knights

Leading investment bank to work closely with United suitors

Last updated: 11th March 2010   Subscribe to RSS Feed

Nomura to advise Red Knights

Beckham: Green and gold

Related links

Teams

Players

Also see

The Red Knights group has seen its bid to gain control of Manchester United receive a shot in the arm with confirmation a leading global investment bank has agreed to advise on a possible acquisition.

Wednesday's night demolition job on AC Milan was played out against a backdrop of supporter unrest as repeated chants against the Glazer family were aired inside Old Trafford.

The Glazers, through chief executive David Gill, have said it is business as usual and that they have no intention of selling despite United being over £700million in debt.

Investment back Nomura will work closely with the Red Knights, the Manchester United Supporters' Trust and other potential investors to "coordinate and formulate the proposal to be put to the Glazer family".

The Nomura team will be led by Guy Dawson and Andrew McNaught, both of whom advised the Board of Manchester United plc when the club was sold to the Glazer family in 2005.

Nomura is beginning its role by contacting the many expressions of financial support the Red Knights have received to date.

A spokesman for the Red Knights has told Sky Sports News there are now "up to 70 expressions of interest" from wealthy investors.

Beckham boost

The Red Knights group could not have been handed a more favourable piece of publicity on the night, as returning old boy David Beckham donned a green and gold scarf to a rapturous reception.

Protesters against the Glazers have adopted the green and gold colours and they have been highly visible at United matches in recent weeks.

"I'm a Man United fan. I saw the scarf there. I put it round my neck, it's the old colours of Man United, that's all I knew," Beckham said.

"To be honest it's (the protest) not my business. I'm a Manchester United fan. I support the club. I always have done and I always will do.

"It's nothing to do with me the way everything is run, that's to do with other people but I'm a Man United fan and I support the team. I will always support them."

Comments (8)

  • Page 1 of 1
  • 1

Joan Mitchell says...

It is good to see Beckam still has a passion for both soccer and Man.Utd. For the short time he played in last nights game he had more get up and go than the rest of his team.

Posted 12:54 11th March 2010

Cat Valentino (Manchester United fan) says...

I think the Glazers NEED to get out and get out NOW..!! Why wud they want to stay any way?? EVERY United fan in the land hates them with a passion..

Posted 12:43 11th March 2010

Tony Ramsay (Manchester United fan) says...

True united legend ! Glazers out get back to america and ruin some more teams over there

Posted 12:35 11th March 2010

Adrian Dalzell (Sunderland fan) says...

Regardless of Beckhams comments, this will be a statement seen by fans young and old. Im just glad that at Sunderland we are hapy with our American owner and are gratful for a secure financial position. Hopefully that is if we do stay up. Is the Man Utd Debt manageable?

Posted 12:20 11th March 2010

John Mckinney (Manchester United fan) says...

Personally i think Beckham knew more than hes letting on and that he is only saying this now to cover his back he said he is a utd fan and any Utd fan want rid of the Glazor family

Posted 12:16 11th March 2010

John Stratford (Barnet FC fan) says...

Maybe the Red Knights should buy up Manchester Uniteds debts, and then ask Glasers to pay up ? Maybe they might get the club that way ?

Posted 11:47 11th March 2010

Chris Angus (Manchester United fan) says...

Fair play to Becks, he has to be the media savvy sportsman there is. He knew exactly what he was doing when he picked the scarf up and if there were any UTD fans who don't already love Becks... they will now.

Posted 11:39 11th March 2010

Jason Hegarty (Manchester United fan) says...

I hope that the Red Knight get control of United soon. To say Beckham didnt know what the green and gold scarf meant is ubtrue. Lets not forget Beckham is one of the most media savi person in football. A true Legend

Posted 11:31 11th March 2010
  • Page 1 of 1
  • 1

Add Comment*

Send us your views

Are you a Sky Sports subscriber?

*All fields required, your email address will be kept private