United and the Irish connection
Thursday 12 February 2004
March 1997: Alex Ferguson is introduced to John Magnier and JP McManus at Cheltenham.
July 2001: During a four-year friendship with Ferguson based on racing, their company, Cubic Expression, acquires a 2.99 per cent stake in Manchester United. They increase it to 6.77 per cent.
August 2001: Magnier offers Ferguson a half-share in Rock Of Gibraltar (under terms that are now in dispute). Ferguson is registered as co-owner with the Irish Turf Club.
November 2002: Rock Of Gibraltar retires.
January 2003: Ferguson's name as co-owner is removed when "The Rock" is registered for stud purposes.
March 2003: Ferguson threatens Magnier with legal action over stud fees. Cubic, whose stake had gradually grown to 8.65 per cent, increase it to 10.37 per cent.
July 2003: As the Ferguson-Magnier row intensifies, Cubic's stake increases again, to 11.4 per cent.
October 2003: Cubic, having amassed small pockets of shares, buys Sky's 9.9 per cent stake in United to take its own share to 23.15 per cent.
November 2003: Ferguson issues a writ against Magnier over The Rock's stud fees.
January 2004: As questions are raised over United's transfer deals and corporate governance, Cubic's stake increases to 25.49 per cent.
February 2004: Cubic raises its stake to 28.89 per cent.
Latest in Sport
Commonwealth Games 2014 Opening Ceremony: Ewan McGregor launches Unicef charity fundraiser, making £2.5m in one night
Arsenal transfer news: Atletico Madrid closing in on Santi Cazorla deal - reports
Arsenal transfer news: Arsene Wenger set to cancel moves for Sami Khedira and Morgan Schneiderlin in favour of Jack Wilshere - reports
Manchester United transfer news: Arturo Vidal subject of £39m bid
Sami Khedira, Isco and Angel di Maria among Real Madrid players up for grabs this summer
- 1 I was a Woman Against Feminism too
- 2 Fifty Shades of Grey movie trailer released: First look at Jamie Dornan as Christian Grey
- 3 Is Gideon Levy the most hated man in Israel or just the most heroic?
- 4 Students offered grants if they tweet pro-Israeli propaganda
- 5 The Tory donor whose firm is one of Britain’s biggest tax avoiders - with HMRC's blessing
Malaysia Airlines MH17 crash: Vladimir Putin is given 'one last chance' to end hostilities in Ukraine
The 'scroungers’ fight back: The welfare claimants battling to alter stereotypes
The truth about conspiracy theories is that some require considering
Arizona execution lasts two hours as killer Joseph Wood left 'snorting and gasping' for air
Malaysia Airlines MH17 crash: Ukrainian military jet was flying close to passenger plane before it was shot down, says Russian officer
Malaysia Airlines MH17 crash: Massive rise in sale of British arms to Russia