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SUNDAY, JUNE 29, 2025
Glazer family may consider selling Manchester United

Sports

Reuters
18 August, 2022, 12:40 am
Last modified: 18 August, 2022, 12:46 am

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Glazer family may consider selling Manchester United

Earlier, Elon Musk said in a tweet that he was going to buy the club - only to say a little later it was all part of "a long-running joke".

Reuters
18 August, 2022, 12:40 am
Last modified: 18 August, 2022, 12:46 am
Photo: Reuters
Photo: Reuters

The Glazer family would consider selling a minority stake in Manchester United, Bloomberg News reported on Wednesday, citing sources familiar with the matter.

The family has held some preliminary discussions about the possibility of bringing in a new investor, but are not yet ready to cede control of the English soccer club, which could be valued at about 5 billion pounds, according to the report.

Manchester United did not immediately respond to a Reuters request for comment.

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Earlier, Elon Musk said in a tweet that he was going to buy the club - only to say a little later it was all part of "a long-running joke".

Manchester United was bought by the American Glazer family for 790 million pounds ($954.48 million) in 2005. Although it has been listed on the New York Stock Exchange since 2012, the Glazers retain majority ownership.

United fans have been clamoring for a change of ownership at the club - the three-time winners of the European Cup, the most prestigious club competition in the global game - following its disappointing performance in recent years.

Football

Glazers Family / manchester united

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