Fri. Nov 22nd, 2024
Occasional Digest - a story for you

US BILLIONAIRE Leon Cooperman has reportedly invested in Manchester United.

According to Bloomberg the former hedge fund manager has bought just shy of ONE MILLION shares in the Red Devils.

US Billionaire Leon Cooperman has reportedly bought just under one million shares in Manchester United1

US Billionaire Leon Cooperman has reportedly bought just under one million shares in Manchester UnitedCredit: Rex

Cooperman’s shares are understood to be valued at around £13.5million.

But he could invest more in the future with his net worth reportedly sitting at well over £2BILLION.

The American is the founder of Omega Advisors which is based in New York City.

The news comes just days before British billionaire businessman Sir Jim Ratcliffe is set to secure his 25 per cent takeover of the club.

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