- 8 hours ago
Fears Glazers WON'T sell as Man Utd sale price overvalued
There are concerns that the Glazers will change their mind over a sale of Manchester United.
The club’s share price down by almost 10% as a result and the Financial Times have calculated United worth only £1.3b.
The owners are asking for a sale amounting to around £5b-£6b and so far it is thought that the bids have been low of that mark.
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It is believed that the interested groups would need to up their initial bid in order for the Glazers to be willing to sell either a portion or the entirety of the club.
This month, bids have been launched to purchase the club following on from the owners’ statement in November saying they were open to a sale.
Among those who have publicly on record said they have bid are Sir Jim Ratcliffe and a Qatari group.
There have been murmurs that the trophy win, the new direction that the club is going in, and Erik ten Hag at the helm could be enough to dissuade the Glazers from making a full sale.
Ten Hag provides impression of Glazer
And speaking after the Carabao Cup win against Newcastle - Man Utd’s first trophy in six years - Ten Hag touched on the presence of Avram Glazer, saying that the businessman, who joined in the celebrations after the final at Wembley, now seemed committed to staying on.
Ten Hag told reporters: "He [Avram Glazer] was really happy for the club, as our owner. He wanted to be part of it. He was in the dressing room, good he was here, showed his intentions.
"I don't know, I'm not involved in that process, but the way he is here you feel he is committed. But the process, what he wants, that is not for me. I lead this team, others are involved in decisions about ownership."