Manchester United leaves U.K. exchange

Manchester United was taken off the London Stock Exchange on Wednesday, ending a 14-year stint as a publicly traded company.

The expected move follows the recent takeover of the Premier League team by Tampa Bay Buccaneers owner Malcolm Glazer.

Glazer became majority shareholder of Manchester United on May 16 in a $1.47 billion buyout of the world’s richest soccer club.

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Glazer said in a June 14 statement to the London Stock Exchange that his Red Football Ltd. company owned 97.3 percent of Manchester United’s shares and planned to take the club off the stock market by June 22.

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The London exchange confirmed Wednesday that the club had been “de-listed” from the stock market

Red Football is expected to make a statement on Monday, the deadline for remaining Manchester United shareholders to sell their shares.