• Football
  • Boxing
  • UFC
  • Home
  • Football
    • England
    • Transfer News
    • Premier League
    • Champions League
    • Lionel Messi
    • Cristiano Ronaldo
    • EA FC 25
    • Wrexham
  • Boxing
    • Tyson Fury
    • Anthony Joshua
    • Oleksandr Usyk
    • Mike Tyson
    • Jake Paul
    • Logan Paul
  • UFC
    • Dana White
    • Conor McGregor
    • Khabib Nurmagomedov
    • Jon Jones
    • Paddy Pimblett
    • Joe Rogan
  • Other Sport
    • Athletics
    • Formula 1
    • MMA
    • Motorsport
    • NBA
    • Darts
    • NFL
    • Snooker
    • Wrestling
    • Tennis
    • Cricket
    • Golf
  • Advertise
  • Terms
  • Privacy & Cookies
  • LADbible Group
  • LADbible
  • UNILAD
  • GAMINGbible
  • Tyla
  • UNILAD Tech
  • FOODbible
  • License Our Content
  • About Us & Contact
  • Jobs
  • Latest
  • Topics A-Z
  • Authors
Facebook
Instagram
X
Threads
Snapchat
TikTok
YouTube
Who is Leon Cooperman? Manchester United's new American investor profiled and staggering net worth revealed

Home> Football> Football News> Man Utd

Updated 18:18 14 Nov 2023 GMTPublished 17:54 14 Nov 2023 GMT

Who is Leon Cooperman? Manchester United's new American investor profiled and staggering net worth revealed

Who is he?

Chris Byfield

Chris Byfield

Leon Cooperman has taken a late stake in Manchester United. But who is the American investor?

As per Bloomberg, the billionaire and former hedge fund manager reported a position of just under 1 million shares in United, currently valued at $16.8million (£13.5million).

And supporters are now scrambling to work out who Cooperman is.

Advert

The son of a plumber from New York, Cooperman went to public schools, Hunter College and then received an MBA from Columbia University.

He then went on to become a Wall Street legend.

Indeed, Cooperman is the founder of New York-based Omega Advisors, an investment advisory firm managing over $3.3 billion (£2.64billion) in assets under management, the majority consisting of his personal wealth.

Indeed, he has a reported net worth of $2.6billion (£2.08billion), according to the Bloomberg Billionaires Index.

In 2016, the 80-year-old was charged with insider trading by the U.S. Securities and Exchange Commission [SEC], an accusation the business mogul profusely denied.

Cooperman's firm agreed to a $4.9million (£3.92million) settlement with the SEC a year later.

Advert

As part of the agreement, Omega Advisers admitted no wrongdoing.

Away from business, Cooperman has primarily donated to the Republican party and even gained attention in 2011 for an open letter to Barack Obama in which he accused the president with engaging in class warfare.

However, he claims to have voted for incumbent president Joe Biden over Donald Trump in the 2019 election.

Cooperman has taken a stake in United just days before Sir Jim Ratcliffe's Ineos Group is expected to pay around £1.25billion to buy 25% of the Old Trafford club.

Advert

It has been reported that the deal includes the potential for an increased stake in future, as well as control of the club's football operations.

As per the BBC, it is thought around £245m in additional funds will be made available by Ratcliffe for infrastructure works related to the stadium.

Featured Image Credit: Getty

Topics: Football, Manchester United, Premier League

Chris Byfield
Chris Byfield

Sport journalist with experience writing on football, rugby, boxing and the Olympics. I'm also a Crystal Palace fan. Please don't hold this against me.

Advert

Advert

Advert

  • Lisandro Martinez Responds to Paul Scholes and Nicky Butt After Manchester Derby
  • Manchester United ticket prices vs hospitality prices revealed amid new match categorisation
  • Mark Goldbridge's Staggering Salary Revealed in New Financial Accounts
  • Manchester United Immediately Rejected By Manager Target in Major Setback

Choose your content:

2 hours ago
3 hours ago
  • Getty
    2 hours ago

    Brooklyn Beckham ‘Still Speaks to Two Family Members’ Despite Feud

    Brooklyn Beckham has cut off his family, but is said to still be in contact with two members.

    Football
  • Getty
    3 hours ago

    Chloë Grace Moretz Revealed What Victoria Beckham Was Like When She Dated Brooklyn

    Brooklyn Beckham dated Chloë Grace Moretz before marrying Nicola Peltz.

    Football
  • Getty
    3 hours ago

    Federico Chiesa To Take Drastic Action To Force Liverpool Exit This Month

    The Italian has struggled for minutes since arriving from Juve in the summer of 2024.

    Football
  • Getty
    3 hours ago

    Nicola Peltz’s Parents’ Incredible Wealth Revealed Amid Beckham Feud

    Like her husband Brooklyn Beckham, Nicola Peltz comes from an extremely wealthy and famous family.

    Football