Manchester United. Director confirms intention to sell club

Manchester United. Director confirms intention to sell club

The Glazer family – who have owned Manchester United for 17 years – confirmed this Tuesday that they are studying “strategic alternatives” for the future of the club, one of the possibilities being the “total sale”.

“Manchester United is starting a process of exploring strategic alternatives for the club”, can be read in the statement published by Manchester United itself, which aims “the development of the club, with the main objective of positioning the club to capitalize on opportunities , both on a sporting and commercial level”,

In this way, the club’s management “will consider all possible strategies” – such as “new investments or a total sale, always with a view to strengthening Manchester United, including the modernization of the stadium and infrastructure and the expansion of commercial operations to leverage the success of men’s, women’s and academy teams”,

Club statement on a process to explore strategic options for Manchester United.#MUFC

— Manchester United (@ManUtd) November 22, 2022

It should be noted that this announcement appears on the same day that Manchester United announced the termination by mutual agreement of the contract with Cristiano Ronaldo.

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