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The Independent UK

Sport

Richard Jolly

American billionaire Leon Cooperman increases his stake in Manchester United

Leon Cooperman Jim Ratcliffe Marcus Rashford Manchester United

A view of Old Trafford, the home of Manchester United - (Richard McCarthy/PA)

American billionaire Leon Cooperman has increased his stake in Manchester United.

The veteran investor now owns 5.2 percent of the club’s Class A shares, valued at more than $50m.

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