Big Manchester United Shareholder Cuts Stake Again Sportico · Illustration/Grace Hughes; Photos by Carl Recine/, Carl Recine/ Kurt Badenhausen Tue, January 6, 2026 at 11:15 PM GMT+5:30 2 min read British investment firm Lindsell Train recently sold a chunk of its holdings of Manchester United, according to a Tuesday SEC filing. Lindsell Train unloaded 780,000 shares, or 18% of its stake, during the 2025 fourth quarter. The firm now owns 6.4% of the Class A shares that trade on the New York Stock Exchange, down from 7.8% on Sept.