Friday, September 30, 2022

Manchester United News: Glazers Reveal the Price for the Club to the Buyers

Manchester United News: As pressure to sell the team mounts, the Glazer family has set a minimum asking price of £3.75 billion for Manchester United.

Since the start of the new season, there have been numerous fan demonstrations. fans joined Gary Neville in calling for the American family to relinquish control of Old Trafford. They paid £790 million for the club in 2005 and loaded it with debt through a leveraged buyout.

Sir Jim Ratcliffe, Britain’s richest man, and a lifelong supporter, recently made news by announcing his desire to purchase his beloved team. Now, it’s rumoured that business moguls from Dubai are considering making a move.

The Glazers have already been widely reported to be considering selling minority ownership in the team. Still, now a price for a full takeover has been revealed. This will force them to sell the club after 17 turbulent years.

Manchester United News: What did the Daily Mail report?

Manchester United News: Glazers Reveal the Price for the Club to the Buyers
Manchester United News: Glazers Reveal the Price for the Club to the Buyers

The Daily Mail estimates that it would only need about £3.75 billion, though it might need up to $5 billion. Most bidders would find it difficult to come up with that much. a sovereign wealth fund could, especially with Dubai rumoured to join the Premier League party.

The Emirati state has not yet joined the Premier League like its neighbours Abu Dhabi and Saudi Arabia, who own Manchester City and Newcastle respectively. However, United might persuade them.

Owner of INEOS and French club Nice, Red Devils supporter Ratcliffe, declared his desire more than three weeks ago.

What did Ratcliffe’s spokesperson say?

“Jim is absolutely a possible buyer if the club is for sale. If something similar could be accomplished, we would be open to discussing long-term ownership. 

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“The amount of money spent or not spent is not the topic. Jim is considering his options and feels that a fresh start is in order given how crucial the club is to the community.

What did MUST say?

In response to Ratcliffe’s inquiry, the Manchester United Supporters’ Trust (MUST) issued the following statement: “Speculation is rising regarding a potential change of ownership or new investors at Manchester United. The correct change must be made, even when supporters have advocated for change.

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“Any possible new owner or investor must be devoted to the culture, ethos, and best traditions of the club. To restore United to its previous glory, it must be willing to make an investment. That investment must be genuine fresh money spent on the playing side and the stadium.

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“The operating model of any new ownership structure must incorporate supporters, including some fan share ownership. Supporters will use these standards to evaluate any bid. We welcome any discussion with any bidder and are open to having one.”

Manchester United News: As pressure to sell the team mounts, the Glazer family has set a minimum asking price of £3.75 billion for Manchester United.

Since the start of the new season, there have been numerous fan demonstrations. fans joined Gary Neville in calling for the American family to relinquish control of Old Trafford. They paid £790 million for the club in 2005 and loaded it with debt through a leveraged buyout.

Sir Jim Ratcliffe, Britain’s richest man, and a lifelong supporter, recently made news by announcing his desire to purchase his beloved team. Now, it’s rumoured that business moguls from Dubai are considering making a move.

The Glazers have already been widely reported to be considering selling minority ownership in the team. Still, now a price for a full takeover has been revealed. This will force them to sell the club after 17 turbulent years.

Manchester United News: What did the Daily Mail report?

Manchester United News: Glazers Reveal the Price for the Club to the Buyers
Manchester United News: Glazers Reveal the Price for the Club to the Buyers

The Daily Mail estimates that it would only need about £3.75 billion, though it might need up to $5 billion. Most bidders would find it difficult to come up with that much. a sovereign wealth fund could, especially with Dubai rumoured to join the Premier League party.

The Emirati state has not yet joined the Premier League like its neighbours Abu Dhabi and Saudi Arabia, who own Manchester City and Newcastle respectively. However, United might persuade them.

Owner of INEOS and French club Nice, Red Devils supporter Ratcliffe, declared his desire more than three weeks ago.

What did Ratcliffe’s spokesperson say?

“Jim is absolutely a possible buyer if the club is for sale. If something similar could be accomplished, we would be open to discussing long-term ownership. 

“The amount of money spent or not spent is not the topic. Jim is considering his options and feels that a fresh start is in order given how crucial the club is to the community.

What did MUST say?

In response to Ratcliffe’s inquiry, the Manchester United Supporters’ Trust (MUST) issued the following statement: “Speculation is rising regarding a potential change of ownership or new investors at Manchester United. The correct change must be made, even when supporters have advocated for change.

“Any possible new owner or investor must be devoted to the culture, ethos, and best traditions of the club. To restore United to its previous glory, it must be willing to make an investment. That investment must be genuine fresh money spent on the playing side and the stadium.

“The operating model of any new ownership structure must incorporate supporters, including some fan share ownership. Supporters will use these standards to evaluate any bid. We welcome any discussion with any bidder and are open to having one.”

Manchester United News: As pressure to sell the team mounts, the Glazer family has set a minimum asking price of £3.75 billion for Manchester United.

Since the start of the new season, there have been numerous fan demonstrations. fans joined Gary Neville in calling for the American family to relinquish control of Old Trafford. They paid £790 million for the club in 2005 and loaded it with debt through a leveraged buyout.

Sir Jim Ratcliffe, Britain’s richest man, and a lifelong supporter, recently made news by announcing his desire to purchase his beloved team. Now, it’s rumoured that business moguls from Dubai are considering making a move.

The Glazers have already been widely reported to be considering selling minority ownership in the team. Still, now a price for a full takeover has been revealed. This will force them to sell the club after 17 turbulent years.

Manchester United News: What did the Daily Mail report?

Manchester United News: Glazers Reveal the Price for the Club to the Buyers
Manchester United News: Glazers Reveal the Price for the Club to the Buyers

The Daily Mail estimates that it would only need about £3.75 billion, though it might need up to $5 billion. Most bidders would find it difficult to come up with that much. a sovereign wealth fund could, especially with Dubai rumoured to join the Premier League party.

The Emirati state has not yet joined the Premier League like its neighbours Abu Dhabi and Saudi Arabia, who own Manchester City and Newcastle respectively. However, United might persuade them.

Owner of INEOS and French club Nice, Red Devils supporter Ratcliffe, declared his desire more than three weeks ago.

What did Ratcliffe’s spokesperson say?

“Jim is absolutely a possible buyer if the club is for sale. If something similar could be accomplished, we would be open to discussing long-term ownership. 

“The amount of money spent or not spent is not the topic. Jim is considering his options and feels that a fresh start is in order given how crucial the club is to the community.

What did MUST say?

In response to Ratcliffe’s inquiry, the Manchester United Supporters’ Trust (MUST) issued the following statement: “Speculation is rising regarding a potential change of ownership or new investors at Manchester United. The correct change must be made, even when supporters have advocated for change.

“Any possible new owner or investor must be devoted to the culture, ethos, and best traditions of the club. To restore United to its previous glory, it must be willing to make an investment. That investment must be genuine fresh money spent on the playing side and the stadium.

“The operating model of any new ownership structure must incorporate supporters, including some fan share ownership. Supporters will use these standards to evaluate any bid. We welcome any discussion with any bidder and are open to having one.”

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