Glazer names the date to de-list United By John Ley Telegraph: 15/06/2005 Manchester United will be taken off the Stock Exchange even if new owner Malcolm Glazer fails to buy up all remaining shares. The American tycoon has set June 22 in his diary for de-listing the company and taking the club under his private control. Glazer's investment vehicle, Red Football, have increased their United shares to 97.3 per cent of the total, and need just another 0.3 per cent - or just under 800,000 shares - to pass the 97.6 per cent threshold to begin the compulsory purchase of the remainder. Glazer has extended his offer of 300p a share for a further fortnight, until June 27, but even if he has not reached the threshold by next Wednesday, it is understood he will press ahead with de-listing. Once United are taken off the Stock Exchange, Glazer can call an extraordinary general meeting to ask for them to become a private company, and for his personal debts to be transferred on to the club.
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