The Glazers may still decide to keep Manchester United despite the club seemingly up for sale this season, after recent bids have not reached the sort of value that they had expected in order to part ways with the Red Devils.
In theory, Manchester United have been up for sale since November, when it was announced that they were seeking additional investment opportunity for the club, and the expectation had been for a full sale of the outfit.
However, despite formal interest having been registered by several parties last Friday, which had been the soft deadline to do so, no bids have yet been tempting enough to force the unpopular Glazer owners to continue with the sale.
It is expected that the sale of the club will become a record for any sports team in the world, overtaking the £3.9bn that was shelled out for the Denver Broncos last year. However, no bids have yet reached the Glazers’ valuation of the club, which is thought to be above £5bn, and the Financial Times claims that ‘the current offers are below their expectations’.
And, even were the club to be sold, there is no guarantee that the Glazers wouldn’t stay put, with the Athletic reporting that Avram Glazer still feels ‘emotionally invested in the club’.
According to the Mirror, ‘Joel Glazer is still keen to hold onto the club, but Kevin, Bryan, Edward and Darcie Glazer are all wanting to sell the family’s 69 per cent shareholding’.
