Guy Dawson and Andrew McNaught: Two familiar names resurface

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Andrew McNaught and Guy Dawson are the Nomura bankers advising the Red Knights

Guy Dawson and Andrew McNaught were the bankers advising the Man Utd board members during the long drawn out negotiations with the Glazers which resulted in their £790m takeover in 2005.
The two at that time were partners in Tricorn, a corporate financial services company specializing in M&As.
In December 2009, the company was taken over by Nomura Holdings in their buying spree to bolster their British corporate presence. Dawson and McNaught joined Nomura as part of the restructuring, the former as the vice chairman of its European investment banking team and the latter as managing director of the bank’s M& A services.
Fast forward to 2010 and Nomura today climbed on board as advisers to a Red Knights Man Utd buyout. The team of bankers responsible for planning the acquisition will be led by Guy Dawson and Andrew McNaught. This is being considered as a major coup and it elevates the Red Knights ambitions to a altogether different level.
A stumbling block towards a buyout could be the proposed non-renewal of season tickets as protest by thousands of supporters. Such bad faith tactics could backfire as the Glazers would be less likely to negotiate. Whatever the dynamics maybe, there appears to be no overnight resolution and it could take months to put together a meaningful bid.
As a starting point one should also shine a light on the incredibly clubby group of bankers that are spearheading these efforts. Sixty of them against a family run business. When it comes time for accountability, a smaller number is more manageable.

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