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Glazers ready to sell Manchester United for £6 billion

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thetimes.co.uk

The Glazer family is ready to sell Manchester United and will seek buyers prepared to pay between £6 billion and £8 billion.

On the day that the club cancelled Cristiano Ronaldo’s contract, the Glazers released a statement saying that they were trying to find new investment, either to acquire a share of the club, or buy it outright, which would end the Glazers’ 17-year ownership.

They have appointed the Raine Group, an American bank that found a buyer for Chelsea this year, to be United’s advisers and another bank, Rothschild and Co, will advise the Glazer family.

Unlike with the sale of Chelsea by Roman Abramovich, the Glazers are in no rush to sell the club but are seeking a record price for a sports

Read more on thetimes.co.uk
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