Manchester United investor Nick Train admits he's been stunned by the behaviour of the club's owners over their Super League breakaway attempt.
Train, whose Lindsell Train UK equity fund owns 27 per cent of the available A-shares on the New York Stock Exchange, effectively 7 per cent of the club, revealed he demanded a meeting with club executives after the ESL revelations last month and is now “considering the implications for our investment".
“The announcement of the breakaway European Super League in April came as a surprise to us," Train said in his monthly update to investors.
“In response, we requested and have now had meetings with all three clubs [including Celtic, even though they were not a member of the ESL].
"At these meetings we expressed our disappointment about the reputational damage Juventus and Manchester United have inflicted on themselves. We asked for clarity about their position regarding the ESL going forward.
"We urged them to return to respectful negotiations with all members of the football community to work toward mutually beneficial ends. We continue to monitor events closely as they unfold, while considering their implications for our investment case."