Todd Boehly Football Manchester Usa city Chelsea Sporting Todd Boehly Football Manchester Usa city Chelsea

Why are the Glazers considering leaving Man Utd and how much is the club worth?

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independent.co.uk

Manchester United could be on course for new owners with the Glazer family ready to consider a partial or full takeover of the Old Trafford club.It appears to be the beginning of the end for the unpopular 17-year reign of the Americans, who bought United in a debt-funded takeover in 2005 and have since taken millions of pounds out of the club.Here, the PA news agency takes a look at what comes next and what it could all mean for United.– What have the Glazers said?A statement from United said the board “will consider all strategic alternatives, including new investment into the club, a sale, or other transactions involving the company”.

Executive co-chairmen Avram and Joel Glazer added that they are looking to “maximise the significant growth opportunities available to the club today and in the future”, but it appears they are ready to cash in.– What happens now?The Raine Group, who whittled down more than 250 expressions of interest in Chelsea to a handful of serious bids before Todd Boehly’s takeover earlier this year, have been charged with handling the process, which is expected to bring in a large number of interested parties.– Could a sale be wrapped up as promptly as Chelsea’s?It’s unlikely.

The Chelsea sale moved quickly due to the unique circumstances left by the sanctions placed on former owner Roman Abramovich, whereas this could be a much longer process with no timetable set out.– Why are the Glazers be looking to sell now?The Glazers have followed Liverpool owners the Fenway Sports Group in making it known their club is for sale, meaning England’s two most successful teams on the pitch, and their most marketable assets off it, are both on the market.It comes at a time when the failure of both the European

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