Manchester United: Glazer family plans to sell minority stake in Premier League club | Soccer News

The Glazer family are considering selling a minority stake in Manchester United, according to Bloomberg.

Preliminary discussions have taken place to bring in a new investor, Bloomberg reports. United are not commenting on the report.

Sir Jim Ratcliffe is interested in buying a stake in Manchester United, his spokesman has said, with a view to taking full control of the club.

“If the club is for sale, Jim is definitely a potential buyer,” Ratcliffe’s spokesman said. The temperature.

Ratcliffe, Britain’s richest man, is the CEO of Ineos Group Ltd and owns cycling team Ineos Grenadiers as well as Ligue 1 club Nice, which he took over in 2019.

The 69-year-old tabled a last-minute £4.25billion bid to buy Chelsea this summer but saw his offer turned down as American businessman Todd Boehly successfully took over the club .

The Glazers have owned Manchester United since 2005.

Monday, August 22, 6:30 p.m.


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Avram Glazer
Image:
Avram Glazer, owner of Manchester United

United welcome Liverpool to Old Trafford on Monday night football – live of sky sports – after a rocky start to the new Premier League season, losing to Brighton and Brentford.

The 13-time Premier League champions are currently bottom of the table after two games and are struggling to land their transfer targets with just over two weeks until the window closes.

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FREE TO WATCH: Highlights from Brentford’s win over Manchester United in the Premier League.

A deal for Juventus midfielder Adrien Rabiot is now increasingly unlikely, with United unable to meet their wage demands after a wide-ranging agreement was reached on a £15m fee.

Meanwhile, there is a drop in optimism in the signing Frankie de Jong although United haven’t given up hope of signing him as they feel Barcelona want to complete a deal and have a wide deal worth £72m.

Erik ten Hag’s side also believe the Dutch international wants to come over, but they know the potential transfer has taken much longer than they wanted or expected.

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Football pundit Julien Laurens believes Juventus midfielder Adrien Rabiot would be an upgrade from what Manchester United currently have.

The club are exploring the possibility of loaning Chelsea winger Christian Pulisic and are also interested in Borussia Mönchengladbach goalkeeper Yann Sommer.

United are interested in signing Brighton defensive midfielder Moises Caicedo while Real Madrid’s Casemiro is another name that has been discussed.

The club also remain in search of a striker, with PSV Eindhoven’s Cody Gakpo an interesting player and Stuttgart’s Sasa Kalajdzic also wanted.

“It’s about bringing in an investor”

Sky Sports chief reporter Kaveh Solhekol:

“The Glazer family do not want to sell Manchester United, according to Bloombergbut just bring more investment to the club.

“The New York Stock Exchange reacted to this news by pushing United shares up 4% this morning and, according to Bloomberg, any potential deal could see Manchester United valued at up to £5 billion. United do not comment on this information at all.

“If we’re talking about investing in a club like Manchester United, there are a lot of people who want to invest in Premier League clubs at the moment. We saw when Chelsea put the New York Investment Bank up for sale, which was marketing the sale, was contacted by over 100 parties.

“There is a lot of interest, especially in the United States, in investing in Premier League clubs. Why do they want to do this? They think they can get a good deal right now and the value of the Premier League clubs are going to boom in the next few years as they believe there will be a lot more interest in streaming and they can earn money from the fans of these Premier League clubs around the world.

“As for the Glazer family, they have effectively sold a minority stake in United before because they took the club public on the New York Stock Exchange, selling 10% of their shares. They sold that stake to the shareholders – that Sometimes it’s about bringing in an investor.”

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