Manchester United hold ‘preliminary talks’ over sale of minority stake with Glazer family open to investment


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.

The Glazer family are ready to sell a minority stake in Manchester United
AFP
Manchester United hold 'preliminary talks' over sale of minority stake with Glazer family open to investment
United fans are far from happy with their current owners and would like to see them from behind
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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.


Manchester United hold 'preliminary talks' over sale of minority stake with Glazer family open to investment
Glazer family could sell in next 24 months, says Smith

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.”

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