The Glazer’s plan to sell Manchester United emerged back in November of 2022.
“Manchester United plc (NYSE:MANU), one of the most successful and historic sports clubs in the world, announces today that the Company’s Board of Directors (the “Board”) is commencing a process to explore strategic alternatives for the club”, the club wrote in a statement.
“As part of this process, the Board will consider all strategic alternatives, including new investment into the club, a sale, or other transactions involving the Company”, they added, with multiple reports claiming that their unpopular reign at the club’s helm was finally set to come to an end.
Now, on February 8, it has been reported by the Daily Mail that Qatari investors are planning an incredible mega-money swoop for Manchester United and want to give manager Erik ten Hag the financial backing to lead the club back to the top.
Sources have disclosed a group of private, high-wealth individuals based in the oil-rich state have set their sights on a club they view as ‘football’s crown jewels’ and they will make an offer for United in the coming days.
Insiders have disclosed that the group want to use the knowledge gained from hosting the World Cup and are seeking a new project:
“They want to strengthen the squad to put them back at the top but they also want this to be for the good of the community.
“They also want to build on the success of the World Cup. They recognise that Manchester United is the biggest football club in the world, the crown jewels, and there is a steely-minded determination to buy it and get it to where it should be.”
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