Huge links of Apple, Amazon and Britain’s richest man play key role of the new owners
The Glazer family has been in charge of Manchester United for more than 15 years. They are now getting ready to sell the team, which could be a defining moment for the club.
Fans of Manchester United are getting more and more excited after hearing that the club could be taken over “very soon.”
The Glazer family, who owns the club now, put it up for sale last month after the Red Devils said they would be “exploring strategic opportunities,” which didn’t rule out a full sale. Apple, Amazon, and Britain’s richest person, Sir Jim Ratcliffe, are all on the list of possible buyers, which is a very interesting thing to read.
The United fans were very happy to hear that the Glazer family was willing to sell. Most of them had been hoping for a long time that the American businessmen would leave the club.
David Ornstein of The Athletic said that the Glazers could sell very soon and that if they did, it would be a “seismic moment” in United’s long history. The Glazers own one of the most valuable assets in the Premier League.
It would be the end of years of fan unrest and protests against the current ownership. Tensions between the Glazers and the fans have been rising since April of last year, when they tried and failed to start a separate European Super League.
Since 2005, when they took over as part of a leveraged buyout, the Glazers have been in charge of United. The club is still in debt to the tune of £514.9 million, though.
The Raine Group is in charge of selling the club and looking for buyers. They have estimated that Erik ten Hag’s team is worth between £6 billion and £7 billion.
It has been said that the Raine Group wants to finish the sale by the first quarter of the new year. Recently, United’s owner, Avram Glazer, gave a rare update on the club’s activities.
A group of reporters asked the co-owner of the Red Devils what was going on at Old Trafford while he was at the World Cup in Qatar.
During this time, Glazer seemed to hint that they might change their minds and not sell, at least not all of it.
Glazer told a member of the press in Qatar, “It’s not always a sale.” “It’s a process, and the process is moving forward, so we’ll see what happens. I’m really just here to watch the World Cup, but thanks for asking. That’s the latest news. This is the process, and it’s moving forward.”