Manchester United ‘for sale’ as Glazers seek £5 billion offer – Report
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The Red Devils may be sold, but only for a huge price!
Manchester United have reportedly been put up ‘for sale’ by the Glazer family, with the unpopular owners seeking to sell their remaining stake in the Premier League club to interested parties.
According to a report from talkSPORT, quoting former Manchester City financial advisor Stefan Borson, a sale process is already underway, although the Glazers have not made it public yet.
The Glazer family’s control of Manchester United began in 2003 when Malcolm Glazer purchased an initial stake. He then completed a leveraged buyout in May 2005, taking full control of the club. The American family still remains the majority stakeholder, despite Sir Jim Ratcliffe’s arrival as a minority shareholder in 2024.
The last time the Glazers contemplated a sale of the club was in 2022. However, a full sale did not materialise. Instead, British billionaire Sir Jim Ratcliffe acquired a 27.7% stake and took charge of football operations.
Both the Glazers and Ratcliffe have become increasingly unpopular among United supporters, who protested against the hierarchy by releasing green and gold balloons during matches against AS Roma and Aston Villa.
Amid United’s worst-ever start to a Premier League season, the Glazers are contemplating an exit. According to journalist Ben Jacobs, several parties are interested in buying United, although Stefan Borson has revealed the price the Glazers are demanding for the club.
Glazers set £5 billion valuation for Manchester United
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Speaking with talkSPORT, Borson revealed that the Glazers would not accept any offers below their valuation of £5 billion. The reason the sale process has been kept secret is that the Glazers failed to secure their desired valuation in 2022.
“My understanding from somebody, a senior person in the game, told me that there is a process and that they are for sale,” Borson said. “You would question why they wouldn’t make it public, although when they last made a process public, that of course ended with a slightly disappointing outcome.”
“They may be trying something different by not making it formal, but they are now accepting that now is the time.”
Despite Manchester United’s wretched performances on the pitch, which have seen them drop to the relegation zone, they remain an attractive investment due to their commercial strengths.
“They (Glazers) are robust, and they will only go when their price is met,” Borson said. “They believe this is a club that has such a robust brand that even if they are unsuccessful on the pitch, it has very little difference to the commercial viability and ability to generate revenue.”
Are the Glazers selling Manchester United?
According to reports, the Glazer family have put Manchester United up for sale and are seeking buyers for their remaining shares in the club.
How much are the Glazers asking for Manchester United?
The Glazers are reportedly seeking £5 billion for Manchester United and will not consider offers below their valuation.
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