Sources: Glazers seek record £6BN for Man Utd
Sources: Glazers seek record £6bn for Man Utd
Nov 25, 2022 by www.espn.com - SOCCER
- (2:37) 7:14 AM UTC * Rob DawsonCorrespondent Manchester United's owners, the Glazer family, are looking for a world record price for a sports franchise if they are to sell the club, sources have told ESPN.
- Stream on ESPN+: LaLiga, Bundesliga, more (U.S.) Sources have told ESPN a full takeover is the most likely outcome, although the Glazer family will accept only an offer that would make United the most expensive sports club ever.
- Co-chairman Avram Glazer told Sky News on Wednesday: "As we announced, the board went through a process and it was decided it's going to look at different strategic alternatives and that's what we're doing.
- Sources have told ESPN that The Raine Group, named as the Glazers' "exclusive financial advisor" after handling the sale of Chelsea to Los Angeles Dodgers part-owner Todd Boehly and his consortium, have not put a deadline on receiving offers for United and that there is an expectation that many of the same parties who took part in the process to buy Chelsea will register their interest.
This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to firstname.lastname@example.org. © 2021 Kwhen Inc.
Was this content valuable for you?