Sunday, June 27, 2010

Red Knights receive £500m pledge to unseat Glazers at Manchester United

By Paul Kelso, Chief Sports Reporter Published: 7:15AM GMT 05 March 2010

Jim O Lifelong Red: Jim O"Neill is heading the Red Knights consortium, that is pronounced have perceived pledges of up to �500m to replace the Glazers Photo: BLOOMBERG

Offers of monetary await have come from around the universe enlivening the consortium to go on building the plans notwithstanding a severe conflict from bar arch senior manager David Gill.

Speaking on Wednesday Gill pronounced the Knights, led by Goldman Sachs"s arch economist Jim O"Neill, were wasting their time as the Glazers have no goal of offered the club.

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Gill additionally delivered a personal conflict on investment landowner Keith Harris, a part of of the consortium, describing him as a publicity-seeker whose lane jot down "was not most to write home about".

On Thursday, however, sources close to the consortium insisted that they were undeterred by Gill"s comments and would go on to work on a offer to put prior to the family. The conflict on Harris was described as a poor shot that was misdirected.

"We are stability to work on a proposal, and we are speedy by the general reply we have had to the call for intensity investors to get in hold with us," pronounced a source. "While Keith is one of the people concerned in this, this is really most Jim"s show and he is heading the campaign."

O"Neill has insisted that he is behaving in a quite personal genius after Sport suggested that his impasse had stirred the Glazers to protest to Goldman Sachs"s arch senior manager Lloyd Blankfein.

Goldman Sachs were one of the underwriters of the club"s new �500 million down payment issue and warranted a apportionment of �15 million in fees, and O"Neill hurt the family when criticising the debt the bar lift before long after the down payment closed. The Glazers are right away deliberation withdrawing commercial operation from the bank.


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