The Glazer family has wavered on its commitment to fully sell Manchester United.
According to ESPN’s Rob Dawson, the US owners are still unsure whether to pursue a full acquisition or recruit more minority investors.
The club has been “exploring strategic alternatives” since November as there are no funds left in the family’s personal source of income.
Bloomberg and United Muppetiers had initially reported this potential ownership change last summer.
Joel Glazer is credited for being at the forefront of his brothers’ ownership tirade.
Outside of Joel and his brother Avram, not much has been noticed about the other four. Friction between the family regarding their ownership status at United was highlighted following initial sale rumors in the summer, as reported by The Peoples Person.
Joel has often acted as a roadblock on the club’s sporting interests; infamously causing Thiago Alcantara’s deal to needlessly fall through in 2020.
He was also desperate to keep Cristiano Ronaldo at the club despite Erik ten Hag’s reservations about the Portuguese striker fitting into his system when he first landed in Manchester.
Dawson’s update read as follows:
“The Glazer family remains undecided on whether to accept a full sale of Manchester United or a partial investment, and sources have told ESPN that some within the ownership group believe the club’s value could soar if manager Erik ten Hag can oversee a sustained period of success on the court.
David Ornstein of The Athletic stated that the Glazers were aiming for a full sale of the club by the first quarter of 2023.
They were said to be willing to accept an offer in the region of €5-7bn, but Dawson has now argued that they will push this market value closer to €10bn if Ten Hag’s success in the field continues on an upward trajectory. .
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