Manchester United co-owner Avram Glazer confronted with Cristiano Ronaldo exit and club sale | football news

Manchester United co-owner Avram Glazer has spoken for the first time since announcing the club could be up for sale.

Sky News tracked him down near his home in West Palm Beach, Florida, where he was asked why now was the right time to sell the club.

He said: “As we announced yesterday, the Board has gone through a process and decided to examine various strategic alternatives – and that is exactly what we are doing.

When asked why the club hadn’t been sold sooner, he repeated the answer, adding: “We’ll see where that takes us.”

The Glazers were reportedly furious at the comments and Ronaldo this week immediately left United by mutual consent.

But Avram Glazer refused to dwell on the forward’s claim – echoed by many fans – that his family “don’t care about the club”.

He told Sky News: “Well, I’ll tell you about Cristiano Ronaldo – he’s a great Manchester United player. I appreciate everything he has done for the club and I wish him the best of luck in the future.”

‘Process to foster club growth’ – Man Utd’s full statement

Please use Chrome browser for a more accessible video player

Sky Sports News’ Ben Ransom reports that the Glazer family are ready to sell Manchester United after 17 years in ownership.

“Manchester United plc (NYSE:MANU), one of the most successful and storied sports clubs in the world, announces today that the company’s board of directors (the “Board”) is embarking on a process to explore strategic alternatives for the club.

“The process is designed to support the club’s future growth, with the ultimate aim of positioning the club to capitalize on opportunities both on the pitch and commercially.

As part of this process, the Board will review any strategic alternatives, including new investments in the club, a sale or any other transaction involving the company.

“This will include an assessment of several initiatives to strengthen the club, including the refurbishment of stadiums and infrastructure and the expansion of the club’s commercial activities on a global scale, all linked to increasing the long-term success of the men’s, women’s and football teams at the club Clubs Academy teams and benefits for fans and other stakeholders.”

Man Utd sale Q&A: Who are the contenders? When could the Glazers leave?

Sky News city editor Mark Kleinman who broke the news that the Glazer family are ready to sell Man Utd and Kaveh Solhekol answer all your essential questions.

Security guards and stewards stand outside Old Trafford stadium in Manchester, England, prior to the English Premier League soccer match between Manchester United and Leicester City on Tuesday May 11, 2021.  The American owners of Manchester United confirmed on Tuesday November 22, 2022 that they were considering putting the legendary Premier League club up for sale.  United said the Glazer family is open to a potential takeover.  (AP Photo/Jon Super, file)

‘Sir Jim Ratcliffe bids for Man Utd’

Jim Ratcliffe at a Ligue 1 game

Sir Jim Ratcliffe will bid for Manchester United after the Glazers officially put the club up for sale The Daily Telegraph.

Ratcliffe, who is a United fan and took part in the 1999 Champions League final, is one of Britain’s richest men and is reportedly serious about a new approach, having previously made contact with the Glazers in August.

But it is claimed he is wary of overpaying for United, with insiders suggesting the Glazers are looking for a price tag in excess of £5billion.

The report also says Ratcliffe has experience dealing with broker Raine Group who are reportedly pushing for a price above United’s natural value.

Ratcliffe, who owns Ineos, had an unsuccessful bid to buy Chelsea earlier this year.

Ratcliffe told that financial times in October: “If it had been up for sale in the summer yes we probably would have tried it after the Chelsea thing but we can’t sit around and hope Manchester United will be available one day.”

Ratcliffe’s Ineos group already owns Nice in France and Swiss club Lausanne.



Source

Leave a Reply

Your email address will not be published. Required fields are marked *