Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Manchester Evening News
Manchester Evening News
Sport
Tyrone Marshall

Manchester United could be sold as Glazers 'seek new investment'

The Glazer family are considering selling Manchester United as they seek new investment into the club, according to reports on Tuesday night. The club has been owned by the American family for 17 years, a reign dominated by protests and a decline in standards on the pitch for the past nine years.

Protests against the owners have escalated again in the previous 18 months and chants against their ownership have been audible at every game this season.

Sky News are reporting that the Glazer family are now 'preparing to formally announce its intention to examine potential sources of outside investment', which could include a full sale of the club.

READ MORE: United to save £16million as Ronaldo leaves without a pay-off

A statement confirming the family's intentions to seek new outside investment could come imminently, but on Tuesday United were refusing to comment on the reports.

Speculation about the Glazers' plans has been rife for a couple of years, with Manchester-born billionaire Jim Ratcliffe among one of several parties linked with a bid for the club.

If the Glazers do confirm their plans to look at options, including new investment and a sale, then they will be the second American-owned club to do so in recent weeks, with Liverpool's owners Fenway Sports Group (FSG) also looking to cash in.

The move comes after the sale of Chelsea to the Todd Boehly-led consortium earlier this year, with the estimated £2.5bn sale raising eyebrows after the club was eventually forced into a sale after owner Roman Abramovich was hit by sanctions by the UK government.

As part of their response to the European Super League fiasco, the Glazers planned to introduce a share scheme for supporters but it still yet to be launched despite discussions with the Manchester United Supporters' Trust (MUST).

READ NEXT:

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.