The Glazer family have held preliminary discussions regarding the sale of a minority stake in Manchester United.
According to Bloomberg, the owners are considering selling shares in the club as pressure mounts from club supporters.
However, there is no certainty of a possible sale of a stake, nor are they ready to give up control of the football club, which according to the report could be valued at around 5 billion. pound sterling.
While the Glazer family declined to comment and the identity of the potential new investor remains confidential, this will no doubt be reassuring news for Red Devils supporters.
After being bought by Malcolm Glazer in a leveraged buyout in 2005, United were saddled with massive debt which caused the club to lose its reputation as the biggest football club in the Premier League.
Fans have been left angry and upset with the club’s current owners, the Glazer family, who they say are bleeding the club dry with huge debts, poor strategic appointments in the club’s hierarchy and a lack of investment both on and off the pitch.
As a result, United find themselves playing in the Europa League this season, instead of Europe’s biggest competition, the Champions League where rivals Manchester City, Liverpool, Chelsea and Tottenham will face the biggest and best clubs in European football.
Supporters are desperate for the Glazer family to sell their football club, and according to football agent Jon Smith, the club could be sold within the next two years.
Most Read Football
Man United target Felix and Pulisic, Ronaldo says come clean, Alli to Besiktas
Sir Jim Ratcliffe ‘wants to buy a stake in Man United with a view to gaining full control’
Palace want to re-sign Wan-Bissaka and Man United will sanction transfer on one condition
Jordan likes Coventry ‘potential’ as he considers offer and hits back at Agbonlahor
Alli urged to avoid going down ‘two or three levels’ and join Rangers
Lacazette grabbed Cedric by the throat during a scuffle at Arsenal’s training ground
Speaking on talkSPORT 2’s Transfer Social, Smith said: “I think Manchester United will be sold in the next 24 months. There are people spinning.
“The fact is there are six siblings who are currently owners, that’s a big number for everyone to come out together in a straight line, so it may or may not [happen].
“I just get the feeling from the people there that they feel like it can be an option.
“Here is another addendum to that. Who knows what the Chelsea takeover cost, £2billion per change? A lot of the £3-4billion were loan repayments and various other things that were bolted on, but it was probably £2.5billion, heading towards £3billion, which revalues Arsenal and Liverpool and the others.
“Based on world income, nothing affects Manchester United, they are in a league of their own.”
Offer of the day
BET365 NEW CUSTOMERS: Bet £10 Get £50 Free Bets* – CLAIM HERE
PADDY POWER ALL CUSTOMERS: Bet £5 via the talkSPORT EDGE app with Paddy Power and get a £5 free bet – available to all customers* – CLAIM HERE
Paddy Power All Customers: Place a bet on £5 Sportsbook via the talkSPORT EDGE app between 1st and 31st August. Get a €5 free bet on the Monday following your qualifying bet. Terms and conditions apply. 18+ Begambleaware.org
Bet365: account opening offer. Bet €10 and get €50 free bets for new customers at bet365. Minimum deposit requirement. Free bets are paid out as bet credits and can be used when settling qualifying bets. Minimum odds, betting and payment method exclusions apply. Returns exclude wagering bet credits. Deadlines and terms and conditions apply 18+ Begambleaware.org
SEE ALL FREE BET OFFERS FOR NEW AND EXISTING CUSTOMERS HERE