Florida entreprenuer Malcolm Glazer has turned to Allen & Overy for advise on his expected bid for UK footballing giant Manchester United, The Lawyer can reveal.
JP Morgan is acting as financial adviser to Glazer, who started buying shares in Man United last year and now holds a 19 per cent stake.
Manchester United’s longstanding corporate advisers, Freshfields Bruckhaus Deringer, are advising the club on any bids that may arise.
It is essential that a bid by Glazer wins the support of Irish shareholders John Magnier and JP McManus, whose Cubic Expression vehicle owns around 29 per cent of shares in the club. It is understood Clifford Chance is advising Cubic.