NEW YORK / MANCHESTER — American billionaire investor Leon Cooperman has significantly increased his stake in Manchester United, signaling a major vote of confidence from Wall Street in the club’s current trajectory.
According to SEC filings from February 18, 2026, the 82-year-old founder of Omega Advisors now holds 2,922,076 Class A shares, bringing his beneficial ownership to 5.2% of that share class. The investment is currently valued at over $50 million (£37m).
Strategic Confidence in Sir Jim Ratcliffe
Cooperman, who first entered the United investor pool in late 2023 with just 900,000 shares, has strategically accumulated more stock as Sir Jim Ratcliffe and the INEOS group finalized their control over football operations. Analysts interpret this move as a clear sign of institutional trust in the new leadership’s ability to modernize the club’s infrastructure and commercial reach.
The Share Structure Breakdown
It is important to note the distinction in United’s dual-class share structure:
- Class A Shares: The shares held by Cooperman (and the general public) carry one vote per share.
- Class B Shares: Held primarily by the Glazer family and Sir Jim Ratcliffe, these carry 10 votes per share, ensuring voting control remains with the majority owners.
Passive Investment, Active Growth
Despite the stake increase, Cooperman has filed under a Schedule 13G, indicating a passive investment stance. This confirms he has no intentions of seeking a takeover or influencing the club’s board. His shares were reportedly acquired from the British investment firm Lindsell Train, which has been gradually reducing its position in the club.
With United showing signs of a “mini-resurgence” on the pitch under interim boss Michael Carrick, the financial backing from heavyweight investors like Cooperman suggests that the “Red Devils” are once again seen as a premium asset in the global sports market.
Filepe Junior is a football writer tracking La Liga transfers, covering major signings, squad planning, and player movements across Spanish clubs.
