George Soros buys shares in Manchester United

Guardian – George Soros took a nearly 2% stake in Manchester United plc in the club’s controversial initial public offering earlier this month.

The billionaire was one of the first of the football club’s new investors to be revealed. His hedge fund, Soros Fund Management LLC, owns 7.85% of United’s Class A shares, or about 1.9% of the entire club, according to a filing with the US Securities and Exchange Commission.

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