{"id":306249,"date":"2026-02-19T14:15:13","date_gmt":"2026-02-19T14:15:13","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/306249\/"},"modified":"2026-02-19T14:15:13","modified_gmt":"2026-02-19T14:15:13","slug":"american-billionaire-leon-cooperman-increases-his-stake-in-manchester-united-2","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/306249\/","title":{"rendered":"American billionaire Leon Cooperman increases his stake in Manchester United"},"content":{"rendered":"<p><img decoding=\"async\" alt=\"Manchester United's Old Trafford stadium. Photo: Jack Bennett\" src=\"https:\/\/www.newsbeep.com\/ie\/wp-content\/uploads\/2026\/02\/7b11072e-c3e0-4169-824d-f74684a89081.jpg\" loading=\"eager\" width=\"100%\" data-testid=\"article-image\"  \/><\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_caption1 indo-300db776_none indo-91174671_secondary indo-66f0fec7_regular indo-1d70522a_marginbottom0 indo-1d70522a_marginleft0 indo-1d70522a_marginright0 indo-1d70522a_margintop3 indo-b48c4984_left\" style=\"color:var(--color-grey-60)\">Manchester United&#8217;s Old Trafford stadium. Photo: Jack Bennett<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom0 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">American billionaire Leon Cooperman has increased his stake in Manchester United.<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom5 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">The veteran investor now owns 5.2pc of the club\u2019s Class A shares, valued at more than $50m.<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom5 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">The 82-year-old bought around 900,000 United shares in the autumn of 2023, when Jim Ratcliffe was planning his takeover. He now has more than 2.9 million shares in the club.<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom5 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">Cooperman is the founder of Omega Advisors, a New York-based investment firm. There is no sense he is planning a takeover of United.<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom5 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">Cooperman\u2019s recently acquired shares were not bought from Ratcliffe or the Glazer family but a British investment firm, Lindsell Train, has cut its stake in United.<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom5 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">Ratcliffe paid \u00a31.3bn, around $33 per share, to take a 25 percent stake in the club, which was increased to 27.7pc when he injected a further \u00a3300m into the club for infrastructure, including the \u00a350m revamp of the Carrington training complex.<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom5 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">Greater voting rights come with Class B shares, which carry 10 votes per share, compared to one with Class A shares, and which are largely held by the Glazers and Ratcliffe.<\/p>\n","protected":false},"excerpt":{"rendered":"Manchester United&#8217;s Old Trafford stadium. Photo: Jack Bennett American billionaire Leon Cooperman has increased his stake in Manchester&hellip;\n","protected":false},"author":2,"featured_media":306250,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[42,917,43,40,38,41,39],"class_list":{"0":"post-306249","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-headlines","8":"tag-headlines","9":"tag-manchester-united","10":"tag-news","11":"tag-top-news","12":"tag-top-stories","13":"tag-topnews","14":"tag-topstories"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/306249","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=306249"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/306249\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/306250"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=306249"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=306249"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=306249"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}