More
    HomeSportsGlazer Family Decides Not to Sell Manchester United, Aims for £10 Billion...

    Glazer Family Decides Not to Sell Manchester United, Aims for £10 Billion in Future Sale

    Published on

    By Ibrahim Danladi

    In a surprising turn of events, the Glazer family has decided to withdraw Manchester United from the market due to their failure to secure an acceptable offer, according to Mail Sport. Despite anticipating multiple serious bidders, the wealthy American family has been unable to meet their desired asking price.

    The Glazers are prepared for potential backlash from supporters, but a source close to the situation emphasized their resilience, stating, “The Glazers are thick-skinned and will not be influenced by any negative fan reactions.”

    Last November, the Glazers had indicated their openness to offers for either a 100 percent sale of the club or a partial sale that would have allowed them to retain a significant stake. However, only two notable bidders emerged: Sheik Jassim of Qatar, who sought full ownership, and Sir Jim Ratcliffe, whose proposal would have left the Glazers with a minority interest.

    Despite recent speculation suggesting that the Qatari bid was close to acceptance, the situation has remained unchanged.

    Reportedly, the Glazer family intends to revisit the possibility of selling Manchester United in 2025, hoping that by then, improved financial and “environmental” factors will attract more potential buyers. They aim to achieve a sale worth between £7 billion and £10 billion in the future.

    Latest articles

    Nassarawa 2027: Crisis Rocks APC as Lawyer petitions governor Sule anointed Aspirants over dual membership of SDP/APC.

    A legal practitioner in Nasarawa State and member of the All Progressives Congress (APC),...

    Kogi PDP Endorses Natasha As Sole Senatorial Candidate

    The Kogi State Working Committee of the Peoples Democratic Party (PDP) has ratified an...

    Tinubu Assigns Gbajabiamila, Masari to Supervise APC Primaries

    President Bola Tinubu has directed his Chief of Staff, Femi Gbajabiamila, and his Special...

    UNICEF Warns Poor Early Childhood Education Threatens Learning in North West Nigeria

    President Bola Tinubu has directed his Chief of Staff, Femi Gbajabiamila, and his Special...

    More like this

    Nassarawa 2027: Crisis Rocks APC as Lawyer petitions governor Sule anointed Aspirants over dual membership of SDP/APC.

    A legal practitioner in Nasarawa State and member of the All Progressives Congress (APC),...

    Kogi PDP Endorses Natasha As Sole Senatorial Candidate

    The Kogi State Working Committee of the Peoples Democratic Party (PDP) has ratified an...

    Tinubu Assigns Gbajabiamila, Masari to Supervise APC Primaries

    President Bola Tinubu has directed his Chief of Staff, Femi Gbajabiamila, and his Special...