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Soros Fund Management Reports Stake in Manchester United

George Soros’s $25 billion Soros Fund Management LLC bought 7.9 percent of the Class A shares in Manchester United, the English soccer club that had an initial public offering this month.

The New York-based family office for Soros disclosed the stake in the 134-year-old team in a regulatory filing today. Manchester United, which has won a record 19 championships, raised $233.3 million in its U.S. offering on Aug. 9. The shares have tumbled 6.7 percent since the IPO.