How to buy Manchester United shares (MANU)

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Table of Contents

You may have heard about Manchester United’s owners looking to sell a stake in the club, but how do you buy Manchester United shares? And can you still buy shares in Manchester United?

In this guide we’ll take you through how to buy Manchester United shares in the UK through a general investment account, an ISA, a SIPP and a LISA. We’ll also cover how to buy shares in Manchester United as fractional shares.

Table of Contents

What is Manchester United?

Manchester United is one of the world’s best-known football clubs – in fact, it’s one of the world’s most famous sporting brands. 

Founded in 1878, its global headquarters are in Manchester. 

Between 1991 and 2005 it was a publicly listed company with a listing on the London Stock Exchange. The America Glazer family bought the club in 2005 using debt finance – debts which they placed onto the club once the takeover was complete.

Manchester United still has significant debt as a legacy of the Glazer’s takeover. In 2012, the Glazer family floated some of the shares in Manchester United on the New York Stock Exchange. This meant that for the first time since 2005 the public were able to buy Man United shares.

Manchester United’s share structure

When the Glazer family sold a stake in Manchester United by listing Man United shares on the New York Stock Exchange, they created two classes of shares. 

Class A shares were the type of shares sold to the public, meaning that if you were to buy shares in Manchester United you would be buying Class A shares. Class B shares were retained by the Glazer family.

Manchester United Class A shares

Class A shares in Manchester United are the type of shares listed for sale on the New York Stock Exchange. 

These shares do not come with a regular dividend and they have only one-tenth of the voting rights of Class B shares.

For the general public, though, these are the only shares you can buy if you want to buy Man United shares.

Manchester United Class B shares

Class B shares in Manchester United are not available to the general public, meaning that if you want to buy shares in Man United you can only buy Class A shares. 

The Glazer family, until recently, retained ownership of Class B shares in Manchester United. These Class B shares are entitled to a regular dividend and have ten times the voting power of Class A shares.

This effectively meant that nobody was able to take voting control away from the Glazer family even if they were to buy all the Manchester United Class A shares entirely.

What about the potential takeover?

In late 2023, it was announced that Sir Jim Ratcliffe was buying 25% of Manchester United

His investment included:

  • 25% of the Class B shares owned by the Glazer family
  • A tender offer for 25% of the listed Class A shares
  • An investment by Ratfliffe of $300 million into the club
  • 2 new board seats at the club

So, this means that you are still able to buy shares in Manchester United as Ratcliffe’s acquisition leaves 75% of the publicly listed Class A shares available for sale on the New York Stock Exchange.

It took more than a year from when the Glazer family announced they were looking to sell a stake in Manchester United before the investment by Ratcliffe was agreed. 

The process received lots of media coverage and is probably one of the factors behind the rising interest in how to buy Manchester United shares.

Man United’s live share price

How to buy Manchester United shares

The process to buy shares in Manchester United is simple:

  1. Choose the best investment platform for you
  2. Open the right type of account with them based on your needs
  3. Search for Manchester United (MANU) on their platform and trade or buy Manchester United shares

We recommend eToro as the best way to buy shares in Manchester United in the UK.

eToro

eToro is our top-rated investment app, it’s easy to use, has lots of innovative features and allows you to trade commission-free.

Capital at risk if you invest.

Here’s what the trading screen in eToro’s app looks like:

eToro trade screen to buy Manchester United shares
Snapshot taken 9th Feb 2024. For live share price see above.

Hit ‘Trade’ and you’re ready to buy Man United shares with eToro.

You’ll also need to complete a W8-BEN form before you are able to buy Man United shares, or any US stock, as a non-US person. More on this below.

Fact-checked.

This article has been fact-checked by Talal, who is a CFA qualified finance professional. Talal previously advised clients with at least £1 billion to invest, so you’re in safe hands.

Buy Manchester United shares in an investment account

If you want to set up an account and buy shares in Manchester United quickly, then a general investment account (GIA), sometimes known as a trading account or just an investment account, is the perfect way to get started.

eToro

eToro is our top-rated investment app, it’s easy to use, has lots of innovative features and allows you to trade commission-free.

Capital at risk if you invest.

You can have as many GIAs as you like, and there are no contribution or withdrawal limits or penalties.

But, you may have to pay income tax, dividend tax or capital gains tax on any gains or income received through a GIA. There are a number of allowances before you’d have to pay tax, but it will come down to your individual circumstances.

Sometimes a GIA is referred to as a dealing account, usually by the more traditional stockbrokers. 

If you’d prefer a traditional stockbroker with modern features and customer support over the phone, then we recommend Interactive Investor.

Interactive Investor

With over 400,000 customers, Interactive Investor is one of the largest investment platforms in the UK.

It has over 40,000 shares and investments to choose from, fees which get cheaper the more you invest and one free trade per month. Its customer service is top-rated, too.

Buy Manchester United shares in an ISA

An Individual Savings Account (ISA) is a government approved way of saving and investing without paying tax. 

Through a Stocks and Shares ISA, you can invest in shares, bonds and funds without paying income tax, dividend tax and capital gains tax on your investments.

Whether you’re going to buy shares in Manchester United or not, you should consider opening a Stocks and Shares ISA as a great, tax-efficient way of building an investment portfolio. You can contribute up to £20,000 a year into a Stocks and Shares ISA.

We recommend Interactive Investor as our number one Stocks and Shares ISA provider. It’s one of the largest investment platforms in the UK, has a huge range of investments and excellent customer support.

Interactive Investor

We recommend Interactive Investor as our number one Stocks and Shares ISA provider. It’s one of the largest investment platforms in the UK, has a huge range of investments and excellent customer support.

Buy Manchester United shares in a SIPP

Whether you already have a self-invested personal pension (SIPP), or want to open one, you may be thinking about adding Manchester United shares to your portfolio. 

A SIPP is a great, tax-efficient method of saving for your retirement, with lots of investment options and control over how you invest.

If you want to buy Man United shares in a SIPP, then we recommended AJ Bell as our number one SIPP provider:

AJ Bell

For its huge range of investments and low pricing, AJ Bell is our top pick for best SIPP. 

There are thousands of shares, funds, ETFs, investments trusts and bonds to choose from. Plus, 4 ready-made portfolios if you don’t want to pick your own investments.

AJ Bell is also known for its excellent customer service and it has a Trustpilot rating of 4.8.

Capital at risk if you invest.

For a full range of SIPP providers and to see more on why we ranked AJ Bell top, read our guide to the best SIPP providers.

Note: you do not need to complete a W8-BEN form for investing in US shares when doing so in a SIPP. More on the W8-BEN form below.

Buy Manchester United shares in a Lifetime ISA

Lifetime ISAs (sometimes referred to as LISAs) are tax-free savings and investment accounts designed to be put towards your first home, or for retirement. 

You have to be an adult aged 40 or under to open a Lifetime ISA and can contribute up to £4,000 a year, which also counts towards your overall ISA annual allowance of £20,000. 

The great benefit of a LISA is that the government gives you a 25% bonus on all your contributions. 

That can really add up over time, so you should strongly consider opening a Lifetime ISA if you’re eligible. But, there are strict penalties for withdrawing money for any other reason than to buy a first home or for retirement.

Hargreaves Lansdown

Not all investment platforms offer a Lifetime ISA but Hargreaves Lansdown does and it’s one of the lowest cost out there.

There’s a huge range of investments, great customer support and no transfer or exit fees.

How to buy shares in Manchester United using fractional shares

You don’t have to own a whole share in a company when investing these days. You can instead buy a fractional share, which is a proportion of a single share.

Many of the best investment apps in the UK allow you to do this. It’s particularly useful for buying shares in companies with high share prices, which can put them out of reach for new investors.

For example, you can buy 10% or 50% of a share instead of one whole share. This lowers the funds required to get exposure to high-priced shares.

Manchester United’s share price has not been particularly high, hovering between around $14 and $25 over the past 3 years. But, if you don’t want to buy a whole share in Man United you can still buy a proportion of a share instead.

Our preferred platform for buying fractional shares is eToro, and you can buy fractional Manchester United shares on their platform. 

eToro

eToro is our top-rated investment app, it’s easy to use, has lots of innovative features and allows you to trade commission-free.

Capital at risk if you invest.

Buy Manchester United shares in a Junior ISA

A Junior ISA is a tax-efficient savings and investment account for children, which can only be opened by a child’s parent or guardian. 

Once opened, anyone is able to contribute, such as grandparents, and there’s an annual limit of £9,000. All gains and income generated within a Junior ISA is free from income tax, dividend tax and capital gains tax. 

To buy Man United shares in a Junior ISA, you’ll need to first open a Junior ISA account for your child. Our top-rated Stocks and Shares Junior ISA is with Hargreaves Lansdown.

Hargreaves Lansdown

The UK’s largest retail investment platform, Hargreaves Lansdown, is our top pick for the best Junior Stocks And Shares ISA.

It charges no account or dealing fees at all – including on US shares – and has the widest range of investment options, as well as great customer service.

For more on Junior ISAs and why we rate HL as number one, read our full guide to the best Junior Stocks and Shares ISAs

How to buy shares in Manchester United in the UK

We’ve covered all of the main ways of how to buy shares in Manchester United in the UK, but as a non-US person, you must complete a form known as W8-BEN

Despite being a British football club, because Manchester United’s stock market listing is in the US it’s subject to US financial rules and tax laws.

A W8-BEN form is required by the Internal Revenue Service (IRS, the US’s tax collector) for non-US persons who wish to deal in US-listed securities. The key purpose is tax.

The US applies a withholding tax of 30% on non-US persons for dividends and interest income received on US assets. By completing a W8-BEN form, this tax reduces to 15%. Regulated brokers and investment platforms in the UK all require you to complete this form before buying US shares.

All of the investment platforms and brokers in this guide will require you to complete a W8-BEN form before you can buy Man United shares, unless you do so through a SIPP. Buying US shares within a SIPP is free from US withholding tax and does not usually require a W8-BEN form.

Here’s the prompt you’ll see when buying US stocks and ETFs with eToro.

Buying US stocks and ETFs with eToro requires a W8-BEN form

eToro makes it easy to complete the W8-BEN form through its app and its online platform.

Start investing

That covers how to buy shares in Manchester United in the UK. Let’s summarise.

First, decide which investment platform you want to use. Then decide which type of account you’d like to invest through (or you may already have an investment account). Make sure to complete a W8-BEN form, too.

Finally, search for Manchester United (ticker: MANU) on your chosen investment platform, select how many shares you want to invest in and hit ‘buy’.

Here’s a final reminder of our top picks for each type of account:

FAQs

Can I still buy shares in Manchester United?

Yes, you can still buy Manchester United shares. Despite Sir Jim Ratcliffe’s acquistion of 25% of Man United’s shares, around 75% of Class A Man United shares are still listed on the New York Stock Exchange.

What type of shares can I buy in Manchester United?

You can buy Class A shares in Manchester United. There are two types of share class at Man United – Class A and Class B. Around 75% of Class A shares are listed on the New York Stock Exchange. All of the Class B shares, which come with more voting rights and dividend entitlement, are owned by the Glazer family and Sir Jim Ratcliffe.

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Disclaimer: This article should not be considered financial advice. We make no recommendation on whether or not you should buy Manchester United shares. No view is held or given on the present or future value of any investment mentioned in this article or elsewhere on our site. You should do your own research and make your own investment decisions. Investments may rise or fall in value; your capital is at risk if you invest.

Any company information or statistics mentioned were correct at the date of publication but may have changed since then.

Buy Man United shares

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