The Red Devils’ current owners – the Glazer family – have been in control of the club for 17 years since completing their full takeover in the summer of 2005.
In November, it was announced that the Glazer family would consider a full sale of Man United if it was in the club’s best interest, saying in a statement: “Manchester United plc (NYSE:MANU), one of the most successful and historic sports clubs in the world, announces today that the Company’s Board of Directors (the “Board”) is commencing a process to explore strategic alternatives for the club.
“As part of this process, the Board will consider all strategic alternatives, including new investment into the club, a sale, or other transactions involving the Company.”
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Co-chairman Avram Glazer reportedly met with potential investors in Qatar during the World Cup, and a report from last week stated that the Red Devils were expecting takeover offers imminently.
Man United’s long-time rivals Liverpool have also been put up for sale by their owners, but a spokesperson for Ratcliffe ruled out a bid for the Reds last year, saying: “Our position has developed since the summer and we are now focusing our efforts in Nice and raising our ambitions for the club to make them into a top tier club in France to compete with PSG.
Man United fans’ disdain with the Glazers reached boiling point in 2021 after the club’s failed attempt to join the botched European Super League, leading fans to break onto the Old Trafford pitch and force the postponement of a Premier League game with Liverpool.
