Edited from: Times of India
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In 2005, American tycoon Malcolm Glazer paid £790 million for Manchester United. The club had been the target of Rupert Murdoch, until an anti-monopoly commission decreed that ownership of Sky, the broadcasting rights holders, would present an unfair advantage at the time of negotiating further broadcasting deals. Glazer's takeover was successful, but the Murdoch attempt proved unpopular with a faction of fans who created FC United, a separatist Manchester-based club owned and managed entirely by fans. FC is growing in popularity, but Manchester United's leading position in world commerce is unrivalled.
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