Red Knights announce tie-up with Nomura about "possible acquisition of Manchester United"

11 March 2010

The so-called "Red Knights" group that hopes to raise £1bn-plus to buy Manchester United from the Glazer family released the following statement via their City PR firm today: "The Red Knights are pleased to confirm that Nomura, the global investment bank, has agreed to advise on a possible acquisition of Manchester United.  Nomura will work closely with the Red Knights, MUST 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.

"Further announcements in relation to the anticipated process and timetable will be made in due course."