Manchester United: Glazer family consider selling minority stake in Premier League club | Football News

The Glazer family are considering selling a minority stake in Manchester United, according to Bloomberg.

Preliminary discussions have been held about bringing in a new investor, Bloomberg reports. United are not commenting on the report.

Sir Jim Ratcliffe is interested in buying a stake in Manchester United, his spokesperson has said, with a view to taking full control of the club.

“If the club is for sale, Jim is definitely a potential buyer,” Ratcliffe’s spokesperson told The Times.

Ratcliffe, Britain’s richest man, is the CEO of Ineos Group Ltd and owns cycling team Ineos Grenadiers as well as Ligue 1 club Nice, who he took over in 2019.

The 69-year-old tabled a last-minute £4.25 billion bid to buy Chelsea this summer but saw his offer rejected as American businessman Todd Boehly successfully took over the club.

The Glazers have owned Manchester United since 2005.

United welcome Liverpool to Old Trafford on Monday Night Football – live on Sky Sports – after a difficult start to the new Premier League season, losing to Brighton and Brentford.

The 13-time Premier League champions are currently bottom of the table after two games and are struggling to land their transfer targets with just over two weeks until the window closes.

A deal for Juventus midfielder Adrien Rabiot is now increasingly unlikely with United unable to meet his wage demands after a broad agreement had been reached on a £15m fee.

Meanwhile, there is dwindling optimism in signing Frenkie de Jong although United have not given up hope of signing him as they feel Barcelona want to do a deal and have a broad agreement worth £72m.

Erik ten Hag’s side also believe the Netherlands international wants to come but they know the potential move has dragged on for far longer than they wanted or anticipated.

The club are exploring the possibility of taking Chelsea winger Christian Pulisic on loan and are also interested in Borussia Monchengladbach goalkeeper Yann Sommer.

United are interested in signing Brighton defensive midfielder Moises Caicedo while Real Madrid’s Casemiro is another name that has been discussed.

The club also remains in the market for a forward player, with PSV Eindhoven’s Cody Gakpo a player of interest and Stuttgart’s Sasa Kalajdzic being looked at too.

‘This is about bringing in an investor’

Sky Sports chief reporter Kaveh Solhekol:

“The Glazer family don’t want to sell Manchester United, according to Bloombergbut just bring in more investment to the club.

“The New York Stock Exchange has reacted to that news with United shares going up by four per cent this morning and, according to Bloomberg, any potential deal could see Manchester United valued at up to £5 billion. United are not commenting on these reports at all.

“If we’re talking about bringing in investment to a club like Manchester United, there are a lot of people out there who want to invest in Premier League clubs at the moment. We saw when Chelsea were put up for sale the New York Investment Bank, who were marketing the sale, were contacted by more than 100 parties.

“There is a lot of interest, especially in the US, in investing in Premier League clubs. Why do they want to do that? They think they can get a good deal at the moment and that the value of Premier League clubs is going to boom in the next few years because they believe there will be a lot more interest in streaming and they can make money from the fans these Premier League clubs have all around the world.

“As far as the Glazer family are concerned, they effectively sold a minority stake in United before because they floated the club on the New York Stock Exchange, selling 10 per cent of their shares. They sold that stake to shareholders – this time it’s about bringing in an investor.”