Some members of the Glazer family, co-owners of Manchester United, are reportedly exploring the sale of their stakes in the club. According to Bloomberg, several family members have held 'internal discussions' about selling, hoping to convince others to follow suit. However, the talks are among individual members rather than the family as a whole, with some opposed to a sale, which could complicate any potential deal.
The Glazers have owned the club for over 20 years, but their tenure has been marked by fan protests. Any buyer would likely face a steep price; reports from October 2024 indicated the family would only consider offers above £5 billion, factoring in the club's potential value if plans for a new 100,000-seater stadium materialise.
Currently, Avram and Joel Glazer serve as executive co-chairmen, while Kevin, Bryan, Darcie, and Edward Glazer are directors. In February 2024, the family sold a 27.7% stake to Sir Jim Ratcliffe's INEOS for £1.25 billion, giving him control of football operations. The latest New York Stock Exchange shares show United trading at around $21 (£15.6), giving a market value of $3.6 billion (£2.7 billion), though the asking price is higher due to voting rights attached to Glazer shares.
Speculation about a takeover has persisted, with Saudi businessman Turki Al-Sheikh hinting at a possible deal in October 2024. However, he is now reportedly close to acquiring Championship club Derby County instead.
