Manchester United Takeover: Manchester United Sale Debate: The Glazers family, who control Manchester United, are debating whether to sell the team right away given its recent success under manager Erik Ten Hag. Since November, the club has been “exploring strategic alternatives” because there are no money in the family’s private cash cow. Manchester United is set to take part in Carabao Cup Final for their first Silverware. Follow Premier League LIVE Updates on InsideSport.IN
Manchester United Takeover: Glazers family take Massive U-TURN, Reconsider Manchester United sale as Erik Ten Hag guides Red Devils to Carabao Cup final- Check Out
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Manchester United Takeover: Glazers family take Massive U-TURN, Reconsider Manchester United sale as Erik Ten Hag guides Red Devils to Carabao Cup final- Check Out
The Glazers are reportedly choosing between accepting a full sale of United and a partial investment. If United maintains its current success under the Dutch coach, according to financial experts The Raine Group, who were appointed by the Glazers to assist with the sale, they may sell for around $7 billion (£5.72 billion). When United plays Newcastle United on February 26, they will be looking to end their trophy drought after recently reaching the EFL final under Ten Hag.
ℹ️ More details around our Wembley showpiece have been revealed, including the kick-off time… 👀#MUFC || #CarabaoCup
— Manchester United (@ManUtd) February 2, 2023
Manchester United Takeover: Glazers family take Massive U-TURN, Reconsider Manchester United sale as Erik Ten Hag guides Red Devils to Carabao Cup final- Check Out
“As we seek to continue building on the club’s history of success, the board has authorized a thorough evaluation of strategic alternatives,” Avram Glazer and Joel Glazer, executive co-chairmen and directors of United, said in the statement.
“We will evaluate all options to ensure that we best serve our fans and that Manchester United maximizes the significant growth opportunities available to the club today and in the future,” the statement said.
17 years after the American Glazer family purchased the English Premier League club, United had announced last year that it was starting a process to investigate strategic alternatives, including a new investment or a potential sale.
The Old Trafford club said in a statement that the Glazer family is engaging with financial advisors on the process, which might result in investments like stadium and infrastructure reconstruction or a partial sale of the team. The Glazers have come under heavy fire for the team’s five-year trophy drought as Manchester United supporters have been calling for a change in ownership. The Europa League and League Cup were their most recent victories in 2017.
Manchester United Takeover: Glazers family take Massive U-TURN, Reconsider Manchester United sale as Erik Ten Hag guides Red Devils to Carabao Cup final- Check Out
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