Billionaire Soros takes Man U stake

August 21, 2012
By Associated Press
NEW YORK -- Billionaire financier George Soros is getting in on the game, taking a minority stake in soccer club Manchester United.

Soros disclosed in a regulatory filing on Monday that he owns 7.85 percent of Manchester United's Class A shares. The filing with the U.S. Securities and Exchange Commission was made by Soros' hedge fund, Soros Fund Management LLC.

The 134-year-old English Premier League soccer club went public on the New York Stock Exchange earlier this month.
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