Man Utd News: The Glazer family appears to cave in, they’re open to selling Manchester United

Hours after parting ways with one of their historic figures, like Cristiano Ronaldo, Manchester United’s ownership has announced they’ll be exploring strategic alternatives to boost the club and having it best interests in mind, that could include accepting investment of selling the club entirely.

The Glazer family owns Manchester United since 2005, but they’ve face fierceful opposition to their ownership, specially after the club acquired a huge amount of debt after they applied a leveraged buy-out.

Manchester United released a statement from the Glazer’s

This Tuesday, Manchester United and the Glazer family announced that the club’s board is commencing the process of exploring strategic alternatives for the team, a process that is designed to enhance Manchester United’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.”

Manchester United could be sold for over $2.5 billion british pounds, the selling price that Chelsea had, just a few months ago.

Jim Ratcliffe, a British billionaire has raised his hand in the past and shown his interest in buying the team, but his latest comments referred to the Glazer family refusing to sell the club, but perhaps now it’s different.

“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. Throughout this process we will remain fully focused on serving the best interests of our fans, shareholders, and various stakeholders”, was expressed by the Glazer family.

Leave a Reply

Your email address will not be published. Required fields are marked *