Soccer: Irish turf kings buy stake in Man Utd

Irish racehorse owners JP McManus and John Magnier have emerged as the men behind the mystery company that bought a substantial stake in Manchester United this week.

Thu, 19 Jul, 2001 - 08:54

Irish racehorse owners JP McManus and John Magnier have emerged as the men behind the mystery company that bought a substantial stake in Manchester United this week.

The Cubic Expression Company became the second-largest stakeholder in United after buying 6.77% of the football club, or 17.5 million shares.

United's value rose 7% yesterday as details of the Cubic deal emerged.

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CourtsSoccer: PremiershipHeathrowPlace: ManPlace: UnitedPerson: JP McManusPerson: John MagnierOrganisation: Manchester UnitedOrganisation: Cubic Expression CompanyOrganisation: UnitedOrganisation: Cubic
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