Manchester United FOR SALE: Glazers willing to sell Red Devils after 17-year reign as club confirm unpopular owners are open to moving on – hours after announcing Cristiano Ronaldo exit

    The Glazer family are considering the sale of Manchester United, the Premier League giants have announced.

    United released a statement confirming the American owners are ‘exploring strategic alternatives’ including a sale and talkSPORT sources say the possibility of the club changing hands is ‘very real’.

    The Glazers are not popular among United fans

    Getty

    The Glazers are not popular among United fans

    Investment bankers have been instructed to advise on the process, which could also result in a partial sale or a new partnership with third parties.

    A statement from the club read: “The process is designed to enhance the club’s future growth, with the ultimate goal of positioning the club to capitalize on opportunities both on the pitch and commercially.

    “As part of this process, the Board will consider all strategic alternatives, including new investment into the club, a sale, or other transactions involving the Company.”

    Avram Glazer and Joel Glazer said: “The strength of Manchester United rests on the passion and loyalty of our global community of 1.1 billion fans and followers.

    “As we seek to continue building on the Club’s history of success, the Board has authorized a thorough evaluation of strategic alternatives.

    “We will evaluate all options to ensure that we best serve our fans and that Manchester United maximizes the significant growth opportunities available to the Club today and in the future.”

    Avram Glazer and Joel Glazer are co-chairman of United

    Getty

    Avram Glazer and Joel Glazer are co-chairman of United

    The Glazers have been unpopular at Old Trafford ever since taking control using £500m of debt towards a £790m purchase in 2005 – and many supporters want them gone amid a steady decline on the pitch since 2013.

    Discontent among fans has reached new heights in recent years, particularly after the failed European Super League plot, and Old Trafford has seen regular protests.

    United, one of the world’s most famous football clubs, is listed on the New York Stock Exchange and share prices on Tuesday implied a $2.15bn valuation – although the club’s real worth is thought to be anywhere between £5bn and £9bn.

    Chelsea were recently sold to American billionaire Todd Boehly in a deal that could reach £4.25bn and Liverpool owners Fenway Sports Group recently confirmed they looking into the possibility of a sale.

    Fans have never warmed to the Americans

    AFP

    Fans have never warmed to the Americans

    Britain’s richest man and boyhood United fan Sir Jim Ratcliffe recently emerged as a prospective buyer if the Glazers sell and sovereign states could also come into play amid Saudi Arabian investment into Newcastle and Qatari funding of Paris Saint-Germain.

    News of a potential sale comes on the same day that Cristiano Ronaldo left United following his explosive interview with Piers Morgan on TalkTV.

    The 37-year-old hit out at the Glazers during a 90-minute sit-down over his recent difficulties at Old Trafford.

    And now, United have confirmed that the Portugal icon will leave the club by mutual consent with immediate effect.

    Ronaldo was critical of the Glazers during his explosive interview

    TalkTV

    Ronaldo was critical of the Glazers during his explosive interview

    Ronaldo revealed he had never spoken to co-chairmen Avram and Joel Glazer – or any of the family – since his return to Manchester in 2021 and declared they have little interest in sporting matters.

    “The owners of the club, they don’t care about the club,” Ronaldo said.

    “As you know Manchester United is a marketing club, they will get their money from the marketing, but with the sports they don’t really care in my opinion.”

    When asked by Morgan if he had ever spoken to the Glazers, Ronaldo responded: “Never. They give all the power to the president and sporting director.”

    talkSPORT World Cup 2022 Coverage

    talkSPORT will be offering wall-to-wall coverage of the 2022 World Cup

    We’ll be broadcasting all 64 games in the tournament live, with over 600 hours of coverage across our network.

    You can tune in to talkSPORT and talkSPORT 2 via our free online streaming service at talkSPORT.com.

    talkSPORT is widely available across the UK via DAB digital radio and on 1089 or 1053 AM.

    You can also download the talkSPORT app, or ask your smart speaker to play talkSPORT.

    Source

    Previous articleI’m Jack Grealish’s biggest fan known as ‘Mrs Grealish 69’ – supporters all say the same thing to me and I love it
    Next articleVincent Kompany aims hilarious dig at Cristiano Ronaldo following Manchester United exit