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  • Kela sire of Goodnessgraciousme 1st Alw (Feb 09, 5th OP). Owner, Margaux Farm LLC; Breeder, Margaux Farm LLC & Kela Partners...
  • Street Cry (Ire) sire of Birdway 1st Mdn (Feb 09, 4th GP). Owner, Marylou Whitney Stables; Breeder, Marylou Whitney Stables LLC...
  • Giant's Causeway sire of Fed Biz 1st Alw (Feb 09, 2nd SA). Owner, Kaleem Shah Inc.; Breeder, Colts Neck Stables LLC...
  • Petionville sire of Somoville 1st Mdn (Feb 09, 3rd DED). Owner, Sam Guarino; Breeder, Ackel Thoroughbred Farm...
  • Discreet Cat sire of Panthro 1st Alw (Feb 09, 7th AQU). Owner, Piser, Donald H. and Hough, Stanley M.; Breeder, Empire Equines, LLC...
  • Mobil sire of Oilton 1st Alw (Feb 09, 4th LRL). Owner, Richard P. Butts, Jr.; Breeder, Bernard & Karen McCormack...
  • Yes It's True sire of Coco Rose 1st Mdn (Feb 09, 7th TAM). Owner, Thomas M. Clark; Breeder, Thomas Clark Bloodstock LLC...
  • Domestic Dispute sire of Angie Girl 1st Mdn (Feb 09, 2nd CT). Owner, D A S L Stable; Breeder, Bowman & Higgins Stable...
  • Stormy Atlantic sire of Battle Harbour 1st Mdn (Feb 09, 1st CT). Owner, Brown, Jr., Donald L. and Beattie, Stephanie S.; Breeder, Garland E. Williamson...
  • Badge of Silver sire of Zero Yield 1st Mdn (Feb 09, 2nd AQU). Owner, Klaravich Stables, Inc. and Lawrence, William H.; Breeder, John Castro...
  • Sorcerer's Stone sire of Miss Stone Express 1st Alw (Feb 08, 9th DED). Owner, Whispering Oaks Farm LLC (Castille); Breeder, Carrol J. Castille...
  • Albert the Great sire of Reign of Kings 1st Alw (Feb 09, 8th TAM). Owner, Derek S. Ryan; Breeder, Thomas J. Young...
  • Street Sense sire of Afford 1st Alw (Feb 09, 7th FG). Owner, Jim Tafel LLC; Breeder, James Tafel...

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BSkyB not selling share in English soccer team to Magnier, McManus

Posted: Tuesday, December 04, 2001

While Coolmore Stud principal John Magnier and his Cubic Expression Co. partner J. P. McManus have built up an 8.65% share in the English soccer club Manchester United, spokesmen for majority shareholder and British satellite television operator BskyB have quashed rumors that the company might sell its 10% stake to the horsemen.BSkyB associates on Sunday that the company had "no current plans" to sell its stake in the team, Reuters reports.

Magnier and McManus initially invested $42.5-million in 17.5-million shares in the club last summer, good enough for a 6.8% stake in the club. Their firm, based in the British Virgin Islands, is aiming to buy the rights to broadcast Manchester United TV in the Caribbean—rights owned by BSkyB.

Manchester United Manager Sir Alex Ferguson has horses in training under Coolmore trainer Aidan O'Brien, and Coolmore partner Dermot Desmond is the chairman of the Celtic soccer club.

One obstacle to the potential deal is the gap between the low price McManus and Magnier paid for their shares (from $1.85 to $2.13 per share) versus the $3.41 per share price that BSkyB paid in 1999.

Asked if the partners plan to pursue an increased stake in the team, McManus told The Guardian, "That's like asking me to play poker, then wanting to see my hand."

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