Glazer finds new bank
Malcolm Glazer could be readying himself for a new takeover bid for Man Utd.
Malcolm Glazer could be readying himself for a fresh takeover assault on Manchester United after linking up with another bank.The American tycoon currently holds a 28.11 percent stake in The Red Devils and made a move to buy the club in October.
That plan was rejected by United as Glazer wanted to borrow money against the club to finance his takeover bid.
He then flexed his muscles by ousting three members of the club's board before being dropped by his previous bank JP Morgan.
In December, United confirmed there had been very preliminary talks regarding another possible takeover attempt by Glazer.
It now seems as though he may be preparing for another bid after gaining the backing of the British investment bank NM Rothschild.
Rothschild are not understood to be helping to fund Glazer's bid but they are advising him on the best course of action.
Glazer's latest attempt to take control at Old Trafford will not curry favour with the club's supporters, while the present United board are not willing to talk to the businessman until he makes a formal offer.
Meanwhile, reports are suggesting that Ruud van Nistelrooy is worried about being fit for the club's UEFA Champions League showdown with Milan.
Van Nistelrooy has been pencilled in to make his comeback from an Achilles problem against the Italian champions at the end of February.
But reports claim the prolific striker is concerned that, if he is rushed back into action, he could end up missing the rest of the season.