Salsano Group Becomes a Shareholder in Manchester United plc
Salsano Group, a global investment firm and family office, today announced that it has become a shareholder in Manchester United plc (NYSE: MANU), the parent company of Manchester United Football Club.
Salsano Group bought Class A ordinary shares on the open market. Its holding is below the 5% threshold that would require a Schedule 13D or 13G filing with the U.S. Securities and Exchange Commission.
"Manchester United is one of the world's great sporting institutions, with a global fan base and a brand that crosses generations," said Sandro Salsano, President of Salsano Group. "We see lasting value in the club and are pleased to be shareholders for the long term."
Salsano Group regards the holding as a passive, long-term investment. It has no current intention of seeking board representation or influencing the company's management.
About Salsano Group
Salsano Group is a global investment firm and family office with approximately $4 billion in assets under management. Founded in 2007 by President Sandro Salsano, the firm invests across public and private markets in high-growth sectors, including technology and artificial intelligence, sports, and real estate.
About Manchester United
Founded in 1878, Manchester United is one of the most successful and widely supported football clubs in the world. The club plays its home matches at Old Trafford in Manchester, England. Its parent company, Manchester United plc, has been listed on the New York Stock Exchange since 2012.
Sandro salsano
Salsano Group
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