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

    Osun Account Freeze: Gov Adeleke, demands N2bn damages

    The Governor of Osun State, Ademola Adeleke, on Thursday slammed a N2 billion suit...

    TINUBU DIRECTS EFCC TO VACATE THE COURT ORDER FREEZING OSUN GOVERNMENT ACCOUNT

      It has come to my notice that the Economic and Financial Crimes Commission (EFCC)...

    ‎Osun 2026: Voters are coming for Adeleke, not Tinubu, says AP

    ‎Ahead of the Osun State governorship election, scheduled for August 15, the factional national...

    ‎Tackle poverty, insecurity instead of attacking Atiku, ADC blasts APC

    ‎ ‎BY AHMED AKANBI ‎ ‎The African Democratic Congress (ADC) has accused the ruling All Progressives Congress...

    More like this

    Osun Account Freeze: Gov Adeleke, demands N2bn damages

    The Governor of Osun State, Ademola Adeleke, on Thursday slammed a N2 billion suit...

    TINUBU DIRECTS EFCC TO VACATE THE COURT ORDER FREEZING OSUN GOVERNMENT ACCOUNT

      It has come to my notice that the Economic and Financial Crimes Commission (EFCC)...

    ‎Osun 2026: Voters are coming for Adeleke, not Tinubu, says AP

    ‎Ahead of the Osun State governorship election, scheduled for August 15, the factional national...