Home Business News Manchester United owners bid £ 4 billion to sell the club

Manchester United owners bid £ 4 billion to sell the club

© Reuters. FILE PHOTO: Manchester United fans oppose the owner after a failed European Super League debut

(Reuters) – Manchester United owners have placed £ 4 billion ($ 5.55 billion) as the football club’s asking price, the Irish Mirror reported on Saturday.

The newspaper said: “The investors of Man City believe their bid of nearly 4 billion pounds will tempt brothers Joel and Avram (Glazer), who are effectively running the club, to give up. control ”, the newspaper said, without mentioning their source of information.

Manchester United officials were not immediately available for comment on Saturday.

A small group of Manchester United fans gathered outside the club’s training ground on Thursday to protest the ownership of the Glazers as the backlash continued after their entry into the European Super League cup. declaration.

United were one of six Premier League clubs to sign up for a new venture before withdrawing on Tuesday amid stormy protests from fans, players and the British government.

United co-chairman Joel Glazer on Wednesday apologized to supporters, saying the hierarchy did not show respect for the “deep tradition” of the British game.

United were acquired by the American Glazers for £ 790 million in 2005. The club has been listed on the New York Stock Exchange since 2012, but the Glazers retain majority ownership.

Manchester United Executive Vice President Ed Woodward (NASDAQ :), one of the leading figures in the European Super League breakaway project, will resign at United by the end of 2021, the Premier League club said on Tuesday.

($ 1 = £ 0.7209)

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