House owners of Manchester United set four billion kilos asking value to promote membership
© Reuters. FILE PHOTO: Manchester United fans protest owners after failed European Super League start
(Reuters) – The owners of Manchester United have set £ 4 billion ($ 5.55 billion) as the price to sell the football club, the Irish Mirror reported on Saturday at https: //.
“City investors believe that an offer close to their £ 4 billion price would induce brothers Joel and Avram (Glazer), who effectively run the club, to give up control,” the newspaper said, without mentioning the source of their information.
Manchester United officials were not immediately available for comments on Saturday.
A small group of Manchester United fans gathered outside the club’s training ground Thursday to protest the Glazer family property as backlash continued following their involvement in the breakaway European Super League.
United were among the six Premier League clubs that signed up for the new company before pulling out on Tuesday in protest against fans, players and the UK government.
United co-chair Joel Glazer apologized to supporters Wednesday, saying the hierarchy had shown no respect for the “deeply ingrained traditions” of the English game.
United was bought by the American Glazer family for £ 790 million in 2005. The club has been listed on the New York Stock Exchange since 2012, but the Glazers retain the majority.
Manchester United Vice Chairman Ed Woodward (NASDAQ :), one of the leading figures in the breakaway European Super League project, will step down from his role at United in late 2021, the Premier League club announced on Tuesday.
($ 1 = 0.7209 pounds)
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