Team cost 875.6 million
Manchester United owners are preparing for a possible sale of the English record champions. This emerges from a statement from the Premier League club published on Tuesday. It’s about United’s growth with the aim of the club exploiting all sporting and economic opportunities.
“As part of this process, the board will consider all strategic alternatives, including new investments in the club, a sale or other transactions involving the company,” it said. This should also include considerations of investing in the glorious Old Trafford Stadium and the club’s infrastructure. The English record champion has been owned by the Glazer family since 2005, which also owns the Tampa Bay Buccaneers in the NFL. For United fans it was the second important piece of news within a few hours. The club had previously terminated the contract with superstar Cristiano Ronaldo (37) by mutual agreement and with immediate effect.
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The US owners are highly controversial among fans of the “Red Devils”, not only because the sporting success of the era of coaching legend Sir Alex Ferguson, which ended in 2013, has not materialized for years. It did not fail due to a lack of willingness to invest: Only city rivals Manchester City spent more money for their current team with 1.01 billion euros in transfer fees than Man United (875.62 million).
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Only Man City’s team cost more than United’sTo the purchase values
“Manchester United’s strength comes from the passion and loyalty of our global community of 1.1 billion fans. In order to continue the club’s success story, the board has approved a thorough evaluation of strategic alternatives. We will evaluate all options to ensure we are best serving our fans and that Manchester United maximizes the significant growth opportunities the club has in store now and in the future,” said Avram and Joel Glazer. It was stressed that examining the different options does not necessarily mean that anything will happen at all.
It is the third time in a short space of time that a sale of one of England’s biggest teams has been considered. In the summer, longtime owner Roman Abramovich had to sell Chelsea to US investors led by Todd Boehly under pressure from the sanctions imposed on Russia following the attack on Ukraine. In addition, the Fenway Sports Group, the company that owns Liverpool FC, recently revealed plans to at least sell shares: “FSG has frequently received expressions of interest from third parties who want to become shareholders in Liverpool. FSG have previously stated that under the right conditions we would consider new shareholders if it is in the best interest of Liverpool as a club.”
Club statement on a process to explore strategic options for Manchester United.#MUFC
— Manchester United (@ManUtd) November 22, 2022
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