Manchester United could be sold by the Glazer family after 17 years of ownership, according to a report.
The Glazers are preparing to announce their intention to explore new investment in the club which could lead to a partial or full sale of the club, according to Sky News.
The outlet reports that investment bankers are being asked by United’s owners to advise on the process.
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United have not won the Premier League since 2013 and are in a legal battle with Cristiano Ronaldo after he said that United are a “marketing club” and that the owners “don’t care about the club”.
“They will get money from the marketing – the sport, it’s, they don’t really care, in my opinion.”
The Glazers bought United in 2005 for a deal worth £790m, but have faced heavy criticism ever since for not investing enough in the club or its infrastructure.
United is currently valued at around £1.8bn on the stock exchange, but reports in recent months suggest it would take a bid between £5bn to £9bn to persuade the owners to sell.
United have not won the Premier League since Sir Alex Ferguson’s final year in charge in 2013 and are without a trophy of any description since 2017.
Should United be sold, it would be the latest top-flight club to change hands recently.
Chelsea was bought by American businessman Todd Boehly earlier this year while in October 2021, a consortium of the Saudi Public Investment Fund (PIF), PCP Capital Partners, and the Reuben Brothers bought Newcastle United.
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