Although the Glazer Family has been fiercely opposed by Manchester United supporters ever since they acquired the team in 2005, they have been informed that a “seismic” takeover of the team may be on the horizon.
Fans of Manchester United have been informed that a takeover of the team may be “coming very soon.”
Since November 23, when the team declared it was “exploring strategic possibilities,” including a total sale, the Red Devils have been on the market. Apple, Amazon, and Sir Jim Ratcliffe, the richest man in Britain, have all been mentioned as prospective buyers for the club.
When they learned that the contentious Glazer family had placed the club up for sale, United supporters were elated. Its enthusiasm may be about to grow even more as United has been informed that their possible new owners would be arriving “very soon.”
Manchester united supporters beg the team not to recruit flops because they fear a Ronaldo and paul Pogba repetition.
A takeover “may be coming very soon,” according to Athletic’s David Ornstein, who spoke before Manchester City’s away triumph against Leeds United. Ornstein said, “you will need to watch this space on a buyout because it might be coming very soon and it will be a seismic event in the history of Manchester United,” when asked when a takeover would be finalized.
The club was acquired by the Glazer family in a leveraged buyout in 2005, and as a result, United is currently saddled with debt of £514.9 million. The Red Devils have been valued at between £6 billion and £7 billion by The Raine Group, who are in charge of the club’s possible sale.
The Athletic is also aware that the Raine Group plans to successfully close a transaction in the first fiscal quarter of 2023. While United owner Avram Glazer recently cast some doubt on the club being sold, Ornstein may have hinted that a successful deal is imminent.
During the World Cup in Qatar, media questioned him. When questioned about the prospect of selling United, Glazer said they may yet elect to hold onto the team.
To a reporter in Qatar, Glazer remarked, “It’s not necessarily a sale.” “We’ll see what happens. It’s a process, and we’re moving along with the process.
Although I actually came here to watch the World Cup, I appreciate your attention. That is the update, and the process is moving forward.