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

    Kidnapped Kwara monarch regains freedom

    Oba Simeon Ibiyinka Olaonipekun of Aafin Ile Ire, Ifelodun Local Government Area of Kwara...

    Serie A: Palladino says Lookman asked to leave Atalanta

    Atalanta head coach, Raffaele Palladino has revealed that Ademola Lookman requested to leave the...

    Peter Obi cannot be president; opposition is dead, Nigeria is finished, says Fayose

    Isaac Fayose, brother of former Ekiti governor, Ayodele Fayose, has expressed disappointment over the...

    Highest goal scorers ahead of Arsenal vs Man City final

    Brighton’s Diego Gómez is the current highest goal scorer in the Carabao Cup so...

    More like this

    Kidnapped Kwara monarch regains freedom

    Oba Simeon Ibiyinka Olaonipekun of Aafin Ile Ire, Ifelodun Local Government Area of Kwara...

    Serie A: Palladino says Lookman asked to leave Atalanta

    Atalanta head coach, Raffaele Palladino has revealed that Ademola Lookman requested to leave the...

    Peter Obi cannot be president; opposition is dead, Nigeria is finished, says Fayose

    Isaac Fayose, brother of former Ekiti governor, Ayodele Fayose, has expressed disappointment over the...