sportbible homepage
sportbible homepage
  • Home
  • Football
    • Premier League
    • Champions League
    • World Cup
    • England
    • Transfer News
    • Manchester United
    • Liverpool
    • Arsenal
    • Real Madrid
    • Barcelona
  • Formula 1
    • Red Bull
    • Ferrari
    • McLaren
    • Mercedes
    • Max Verstappen
    • Lewis Hamilton
    • Lando Norris
    • George Russell
    • Charles Leclerc
  • Boxing
  • UFC
  • More Sport
    • Tennis
    • Golf
    • NBA
    • NFL
    • Darts
    • Athletics
    • Rugby
    • Wrestling
  • Advertise
  • Terms
  • Privacy & Cookies
  • License Our Content
  • About Us & Contact
  • Jobs
  • Latest
  • Archive
  • Topics A-Z
  • Authors
Facebook
Instagram
X
Snapchat
TikTok
Threads
YouTube
Submit Your Content Here
  • GAMINGbible
  • LADbible Group
  • UNILAD
  • LADbible
  • Tyla
  • FOODbible
  • UNILAD Tech
BREAKING: Glazer family considering sale of Man Utd as they seek investment
Home>Football
Updated 20:43 22 Nov 2022 GMTPublished 19:47 22 Nov 2022 GMT

BREAKING: Glazer family considering sale of Man Utd as they seek investment

Manchester United's much maligned owners, the Glazers, are looking for new investment for the club, which could include selling it outright.

Ryan Sidle

Ryan Sidle

google discoverFollow us on Google Discover

Manchester United fans could finally get their wish and get rid of owners, the Glazer family, with the Americans looking for new investment.

The Glazers have not been welcomed by United supporters throughout their 17 years in charge of the club, with numerous protests against their ownership.

Now, according to Sky News, the family could finally be looking into selling the club, with sources claiming that a statement from them could be imminent.

The report claims that the Tampa Bay Buccaneers owners are ready to announce their plans to look for 'outside investment into the club.'

Advert

That could include them starting an 'auction' to buy the club outright, which could see them make billions in profit from their 2005 buyout.

Sky say that investment bankers have already been told to advise on the process of a partial or full sale of United, or third party investment.

The main bone of contention when the Americans, then led by Malcolm Glazer, who died in 2014, leaving the club to his sons, was the manner of their takeover.

The Glazer family borrowed much of the £790 million to buy United, against the club, with the interest on the loan growing year on year.

They have also been criticised for not investing in the club in the years since, with all the money the club spend being generated by itself.

On top of that, they have continued to take more money out of the profits to line their own pockets, whilst not investing to help on the pitch or off.

In the time since Sir Alex Ferguson's retirement, in 2013, things have stagnated and they have not come close to adding to their 13 Premier League titles.

United fans have continued to protest against the Glazers. Image: Alamy
United fans have continued to protest against the Glazers. Image: Alamy

Cristiano Ronaldo's recent interview, which hugely criticised many aspects of the club, included shots at the owners and the lack of development of both the training facilities and the stadium.

United's Carrington training ground opened in 2000, replacing 'The Cliff,' and was considered well ahead of most of their rivals' facilities at the time.

More parts were added to the ground in 2013, with a medical centre and sports science department opened, but there has been no significant changes since then.

Similarly Old Trafford has been overtaken by many of United's closest rivals, with Manchester City and Liverpool having significant investment into their stadia, and Arsenal and Tottenham Hotspur both moving to new, modern grounds.

The Glazers reportedly acknowledge the need to invest into the stadium, the largest in English football outside of Wembley, and a partial sale to raise the funds needed is one outcome of the potential sale, according to Sky.

If they do sell, United would likely fetch the family even more money than Chelsea was sold to Todd Boehly earlier this year for, with the American's consortium paying $2.5 billion.

Liverpool's American owners are also reportedly open to selling the Premier League giants, which would also attract some huge bids.

Featured Image Credit: Alamy

Topics: Manchester United Transfer News & Rumours, Manchester United, Premier League

Ryan Sidle
Ryan Sidle

Ryan is a journalist for SPORTbible with over eight years of experience. Passionate about all sports, he mainly covers football and F1 - Daniel Ricciardo once spent an entire interview referring to him as 'Ryan Gosling,' still his proudest moment.

X

@Sidler28

Recommended reads

Michael Bisping suggests radical eye poke rule change ahead of Tom Aspinall comebackGetty ImagesAndrea Pirlo interview: 'Football has changed and unfortunately we've been left behind' Getty ImagesThierry Henry picks player who will surprise everyone at World Cup – ‘There’s a guy people don’t know about...’GettyRonnie O’Sullivan says snooker star can win 'multiple world titles' and gives update on futureGetty

Advert

Choose your content:

6 mins ago
25 mins ago
an hour ago
2 hours ago
  • Getty
    6 mins ago

    Ibrahima Konate faces awkward conversation at new club as dream shirt number taken

    Ex-Liverpool defender has reportedly agreed terms with a new club but it comes with a catch

    Football
  • Getty
    25 mins ago

    Former Chelsea player's new club could face over €1m fine after manager decision

    The UEFA directive could cost them significant amounts of money.

    Football
  • Getty
    an hour ago

    Ibrahima Konate turned down huge offer to sign for Real Madrid on free transfer

    Ibrahima Konate could not agree a new contract with Liverpool and has a verbal agreement with Real Madrid.

    Football
  • Getty
    2 hours ago

    Lionel Messi receives special perk at Argentina's World Cup training camp that no other player has

    Lionel Messi has been given preferential treatment for his sixth and final World Cup with Argentina.

    Football
  • 'Talks have been held' - Man Utd considering move for cheaper midfield option as long-term investment
  • Atalanta issue Ederson transfer update after Man Utd 'agreement'
  • Casemiro makes final decision over next club ahead of last Man Utd match
  • Man Utd given 'green light' to sign England international who would transform their team