Nomura to advise Red Knights 12/03/2010
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Japanese investment bank Nomura has announced it will advise the Red Knights consortium planning a takeover of Manchester United.
The Nomura team will be led by Guy Dawson and Andrew McNaught, both of whom advised the board of Manchester United plc when the club was sold to the Glazer family in 2005.
"Nomura will work closely with the Red Knights, the Manchester United Supporters' Trust and other potential investors to co-ordinate and formulate the proposal to be put to the Glazer family," the financiers said in a statement.
"Nomura is beginning its role by contacting the many expressions of financial support the Red Knights have received to date."
The Red Knights group includes Goldman Sachs economist Jim O'Neill, lawyer Mark Rawlinson and Seymour Pierce chairman Keith Harris.
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