“not-necessarily…”-–-man-utd-co-owner-avram-glazer-gives-takeover-update-as-ten-hag-breaks-silence-over-sale

Manchester United co-owner Avram Glazer has refused to give too much away when pressed about the progress over the potential sale of the club.

Last month, United’s owners – the Glazer family – announced their intention to “explore strategic alternatives” for the Red Devils “including new investment into the club, a sale, or other transactions”.

It could mean the end of the Glazer’s controversial 17-year ownership of the Premier League club, if a potential buyer is found.

The Glazers are believed to be seeking between £6bn and £7bn for United, according to The Athletic.

Several parties have expressed an interest in buying the club, including Britain’s richest man and lifelong United fan Sir Jim Ratcliffe, as well as Zara owner Amancio Ortega.

Glazer gives sale update

United co-owner Glazer was asked about the potential sale of the club while attending the World Cup in Qatar but was reluctant to confirm if any progress had been made in finding a buyer.

“It’s not necessarily a sale, it’s a process and we’re going forward with the process, so we’ll see what happens,” he said.

“I’m here to really watch the World Cup but I appreciate your interest. That’s the update, it’s the process and the process is proceeding.”

Glazer was then pressed for more details but replied: “Once again, I’m here to enjoy the World Cup but I appreciate your questions.”

He told The Athletic: “My information is that it will only be good things, because there will be more investment possible, which is good.

“I look at the competition around the Premier League. They all have the opportunity to invest. It’s a tough competition between seven or eight clubs. That’s a change in circumstance when you compare with five or 10 years ago.

“The competition is much tougher. Newcastle are coming. Even West Ham, maybe not now in the table, but they have huge investment. Spurs definitely, and then City, Chelsea and Liverpool, I don’t need to talk about them.

“Seven or eight clubs can compete in the league. Even at the bottom, I don’t see weak teams. They’re all strong. There’s no easy games.

“[Chief executive Richard Arnold] said [the owners] are open and transparent. We spoke about the culture we want. We spoke about objectives, goals and the culture, and he confirmed it won’t change, that it will be even better because more money will become available for this project.”