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Journalist drops major Man Utd sale update with Glazer family split over Ten Hag 'feeling'

Chris Byfield

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| Last updated 

Journalist drops major Man Utd sale update with Glazer family split over Ten Hag 'feeling'

The Glazers may not sanction the immediate sale of Manchester United given the club’s success under Erik ten Hag, according to a fresh report.

In November the football and financial world were stunned by news the Glazers were examining potential sources of outside investment. The American owners were allegedly open to minority investment, but also a full-blown sale of the club.

The announcement of a review of financial options came after 17 years of Glazers ownership marked by fan protest and declining performances on the pitch.

However, since the Americans' announcement Ten Hag has rejuvenated the side.

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Despite a stuttered start to the United boss' reign, the club are now fourth in the Premier League, and have eased their way into the Carabao Cup final.

Man Utd sale update

According to a fresh ESPN report, the Glazer family remain undecided about whether to accept a full sale of United or a partial investment.

Indeed, a contingent of the ownership group allegedly believe that the value of the club could skyrocket if Ten Hag can sustain success at Old Trafford.

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Financial advisers The Raine Group, who have been hired by the Glazers to help with the sale process, believe United could sell for some $7 billion (£5.72billion) - a world-record price for a sports team.

However there is said to be a feeling that if Ten Hag can oversee prolonged success in a redeveloped or rebuilt Old Trafford, the club’s value could rise to $10billion (£8.17billion).

One option reportedly floated has been for the Glazers to develop Old Trafford or build a new purpose built stadium, paid for by accepting an equity investment, before selling for a higher price.

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United have not won a trophy of any kind since 2017. Meanwhile the club have not claimed a Premier League title since the heady days of Sir Alex Ferguson in 2013 and not won the Champions League since 2008.

Featured Image Credit: Alamy

Topics: Football, Transfers, Manchester United, Erik Ten Hag, Premier League

Chris Byfield
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