The Glazer household, house owners of Manchester United, say they’re contemplating promoting the membership as they “explore strategic options”.
The Americans purchased the Old Trafford outfit in 2005 for £790m ($1.34bn).
This comes after years of protests by followers towards their possession.
It mentioned in a press release that the board would “consider all strategic options, including new investment in the club, the sale or other transaction involving the company.”
in 2012, Glazers offered 10% of their holding More shares have been offered by way of inventory listings and in subsequent years.
Avram Glazer and Joel Glazer, government co-chairmen and administrators, mentioned, “As we seek to continue building on the club’s history of success, the board has authorized a thorough evaluation of strategic options.”
“We will evaluate all options to ensure that we best serve our fans and that Manchester United maximize the significant growth opportunities available to the club today and in the future.
“Throughout this course of, we’ll stay utterly targeted on serving the perfect pursuits of our followers, shareholders and varied stakeholders.”
United, who are fifth in the Premier League, have not won a title since 2013 and have not won a trophy since claiming the Europa League and EFL Cup in 2017.
There have been several protests against the Glazers’ ownership in recent years, including one in May 2021 This led to the postponement of United’s home league match against Liverpool.
In August, thousands of supporters marched to Old Trafford to protest against the same season’s fixture.
United were part of the failed European Super League project which swiftly collapsed in April 2021. Manchester United co-chairman Joel Glazer later apologized because of the unrest.
He has since participated in fan forums and pledged to make shares available to fans in the wake of the supporter unrest.
Portugal captain Cristiano Ronaldo, who left Manchester United with immediate effect on Tuesday, Criticized the ownership of the club The Glazer family, in a controversial interview last week, said the playing side “do not care concerning the membership”.
The move to sell United comes amid calls from Liverpool chairman Tom Werner Fenway Sports Group were “exploring a sale”. Enfield Club.
a report from bloomberg stated in August 2022 that the Glazer family was prepared to sell a minority stake in the club.
British billionaire Sir Jim Ratcliffe mentioned he would have an interest shopping for a membership earlier than he mentioned That October the Glazer family told them they didn’t want to sell.
In May, a consortium led by US investor Todd Bohli and private equity firm Clearlake Capital Bought Chelsea for £4.25bn.
More to comply with.
With inputs from BBC
