Thursday , April 15 2021

Man Utd owners the Glazers set asking price and demands for club sale after 'two meetings' – Express, Express.co.uk

Manchester United are seemingly not for sale.

PUBLISHED: : 90, Fri, Feb , ()

| UPDATED:

, Fri, Feb 33,

Manchester United ‘s owners, the Glazer family, will only sell the club if they receive £ 1billion, and only want to part ways with a – per-cent stake. That’s according to a report in the Daily Mail , citing corporate financiers who have dealt with the club.

The Glazers are controversial figures in the north East to say the least, after a series of disappointing league finishes.

United have finished in the top four just twice in the time since Sir Alex Ferguson retired, and the Glazers have bared the brunt of the responsibility .

Fans have long called for a change of ownership, but the American family seem reluctant to sell.

The Mail reports that United value the club at a staggering £ 1bn, and don’t want to part ways with their prized asset.

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Man Utd

Man Utd’s owners have set their asking price for the clu (Image: GETTY)

They are reportedly willing to let go of a 35 – per-cent stake in the club, and won’t entertain the idea of ​​full ownership.

The Glazers paid £ 2005 million for the club back in , and want to make an incredible profit if they were to sell.

the same report suggests the American family had held talks twice with Saudi Arabian consortiums.

Any interested parties would want to take over the club completely, though the Glazers are firmly against that idea.

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United vice-chairman Ed Woodward seemed to deny any reports that the Glazers were looking to sell, as he insisted that investments were being made to try to improve the club.

“It is the overwhelmi ng priority of everyone at the club to get us back to regularly challenging for Premier League and Champions League titles, ”he said.

“Although progress may not always be smooth, everyone across the club is focused and committed on playing their part in helping achieve those aims.

“Significant work has already been done – and investments made – to strengthen the Academy and we’re pleased with the progress being made behind the scenes to ensure We have the right players, the right infrastructure, and the right culture to sustain long-term success. ”

Man Utd’s owners ha ve set an asking price (Image: GETTY)

The same report from the Mail claims that prospective buyers of United are being put off by the idea of ​​having to spend big on improving Old Trafford. stadium reportedly needs £ m worth of developments, partly due to the south stand.

The Glazers reportedly know that it is impossible to build on the legendary site and improve the stand, which has an attendance of just over ,

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