In a shocking reveal by Sky Sports, Manchester United’s owners, the Glazers, are ready to sell the club after 17 years.
An official announcement has been made by the board, and they are looking for every possible means to part ways with the club.
They are ready to explore the market for an outside investment or a full sale of the club. The news pops up just hours after Cristiano Ronaldo declared his exit from the club.
The club owners have been under fire for the past few years due to a lack of investment on and off-the-field. Poor technology in training, weakened and old infrastructure, and a lack of service in the transfer market have affected the team’s overall performances.
Official Manchester United statement to announce that “Company’s Board of Directors is commencing a process to explore strategic alternatives for the club”. 🚨🔴 #MUFC pic.twitter.com/niveL6x3gp
— Fabrizio Romano (@FabrizioRomano) November 22, 2022
Since legendary manager Sir Alex Ferguson left in 2013, the Red Devils have failed to mount a serious title challenge. Even after changing managers and buying unnecessary players, the status of the club remains the same.
United failed to win a single title in the past five years, and there has been an outbreak of several fan protests due to the Glazers’ poor attitude towards building the club.
With the sale of the club around the corner, top investors will be involved in a fierce bidding war.
Chelsea have recently sold their club to American billionaire Todd Boehly, and Liverpool’s Fenway Sports Group are also looking at a possible sale of the club.
The Premier League elite will witness a drastic change in the upcoming months.
