The battle for control of Manchester United has taken another twist following confirmation that a leading global investment bank has agreed to advise on a possible acquisition of the Old Trafford outfit by the Red Knights group.
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.
With United over £700 million in debt, many now see the Red Knights as the only salvation for the Old Trafford outfit, even though the Glazer family insist it is business as usual and the club is not for sale.
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