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Manchester United owners could sell as a strategic assessment

Manchester United owners could sell as a strategic assessment is initiated

  • Manchester United’s American owners are exploring “strategic alternatives”.
  • In this way, they will increase their sporting and commercial performance.
  • Glazers were being briefed by bankers before the announcement.

Manchester United’s American owners are exploring “strategic alternatives” to increase its sporting and commercial performance.

Sky’s City editor Mark Kleinman said the Glazers were being briefed by bankers before announcing the announcement.

Manchester United fans have long criticized the club’s American owners for lack of investment and mounting debt.

After 17 years in control, they suggested Tuesday they may sell.

The board of directors is “exploring strategic alternatives for the club,” including “new investment, a sale, or other transactions,” according to a statement.

It will look at stadium and infrastructure reconstruction and global commercial expansion.

Since Sir Alex Ferguson stepped down as manager in 2013, Manchester United has struggled.

Cristiano Ronaldo recently criticized the club’s facilities, manager Erik ten Hag, and the Glazer family.

“The Glazers ignore the club. Manchester is a marketing club “Player:

The controversy led Manchester United and the Portuguese star to announce his imminent departure on Tuesday.

Gary Neville termed the Glazers “scavengers” who “need booted out of this football club and out of this nation.”

The team was among those attempting to launch a breakaway European Super League, a notion rejected by much of the footballing world.

Executive co-chairmen Avram Glazer and Joel Glazer said their study would “serve the best interests of our fans, shareholders, and diverse stakeholders.”

A sale or other deal is not assured, the statement said.

Sky’s Mark Kleinman suggests a partial sell to new investors to renovate Old Trafford.

Sir Jim Ratcliffe, a Manchester-born billionaire, could be a buyer.

In the summer, he indicated he would buy the club if it was for sale, but in October he declared the Glazers “don’t want to sell.”

Billionaires from around the world and sovereign investors wishing to replicate Newcastle United’s purchase may also bid.

Red Knights, led by former United director and distinguished economist Lord O’Neill, could reignite interest in 2010.

Manchester United’s evaluation comes after Liverpool’s US owners announced they were open to proposals and had interested parties.

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