Glazers Decide To Hold On To United

Following Manchester United’s recent League Cup victory, there has been an update on the club’s potential sale. According to senior reporter Melissa Wright, while the Glazer family has always been distinct from the rest of the family, with Avram and Joel Glazer refusing to sell the club, their siblings do. The Glazers invited bidders and expected a greater uptake in a recent strategic review; however, there were only two public bidders, and neither of them came close to the six billion pound valuation Manchester United’s owners want.

Manchester United, according to the Glazers, is a massive sporting asset with significant commercial potential, particularly in emerging markets. As a result, they believe it makes no difference how much debt the club has or how much infrastructure and transfer fees will cost, and that owning Manchester United is a source of pride for them. Anyone who wants to take it from them must put money down first.

Despite some market miscalculations, the Glazers remain hesitant to sell the club, especially if they do not receive anything close to their valuation. Avram Glazer recently stated that it is not necessarily a sale and that they are investigating alternative ways to mine investment. In addition, Jim Ratcliffe stated in October that the Glazers are not looking to sell. Furthermore, the statement they released in November about the strategic review states that the exploration process may yield no results.

The Glazers’ plans have been met with opposition from Manchester United fans, who have been consistent, authoritative, and forceful in expressing their views. Even during the recent League Cup victory at Wembley, supporters made their opposition to the club ownership clear, with chants calling for the Glazers to sell the club.

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Despite this, Manchester United’s recent form, culminating in the club’s first trophy under Erik Ten Hag last weekend, has prompted some to speculate that the Glazers may not sell. The club’s success could lead to an increase in valuation, making it a more appealing investment asset.

In the end, the Glazers’ decision to keep Manchester United means that fans will continue to advocate for change at the club. They believe that all of the club’s progress has occurred despite the Glazers’ leveraged buyout. While the Glazers are hesitant to sell, the pressure from supporters and the possibility of increased success may cause them to reconsider in the future.