Man Utd's new ownership fears emerge as Glazer's sale becomes 'desperate'

Potential new owners of Manchester United face having to sell fringe players in order to comply with UEFA's financial fair play regulations according to a recent report.

Current owners the Glazers announced back in November that they were seeking new investment into the Red Devils and that they wouldn't rule out a full sale of the club.

The news delighted fans who have been protesting against the American owners ever since their leveraged buyout of the club back in 2005.

Despite success under Sir Alex Ferguson, in recent years pressure has mounted on the owners partly due to several poor finishes in the Premier League which have led to lower revenues off the pitch.

In a report in The Telegraph, Sam Wallace explains how United's revenue machine has been dwindling whilst their wage bill has continued to rise.

He said: "The United revenue machine has been spluttering for a while.

"Its wage bill, however, soars ever upwards. From £295 million at the end of the 2017-2018 season to £384m by the end of last season, during which time United have won nothing and finished in the top four only twice.

"The losses of £115.5m last season tell their own story – United need to manage their wage bill, however wealthy the new owners, to stay within the parameters of UEFA financial fair play."

The club are 'desperate' for new owners

We know the fans are desperate for the Glazers to go but United also need an influx of cash that the American family are not willing to provide.

The Red Devils aren't just making losses but they have a stadium that requires urgent repairs and a training ground that hasn't been updated for years.

Erik ten Hag can only revolutionise the club so much and if United are to become a powerhouse again they need to be the best in class on and off the field.

If things don't change then it could affect their ability to spend further this summer.

Wallace adds: "The club desperately need new ownership and the challenge facing that new owner is immediate: they need to sell surplus players quickly and effectively.

"Erik ten Hag is already establishing his position that the summer must see investment in the squad, but that can only be achieved in tandem with sales that keep United compliant with spending controls."

Many interested parties from the Middle East, Asia and USA have been linked with buying the club as well as British billionaire Sir Jim Ratcliffe who is the only bidder so far to go public.