Revealed: Man Utd Up For Full Sale As Glazers Ready To Exit Club

The American Family – Glazers are apparently prepared to sell their whole ownership of Manchester United rather than partial shares.

The Daily Mail reports that Manchester United’s owners, who stated in November that they would look into outside investment alternatives, expect to sell the entire club this year. It is believed that the Glazers are asking for roughly £8 billion ($9.8 billion).

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The possibility of Sir Jim Ratcliffe purchasing Manchester United has already been raised.

He attempted to buy Chelsea in the past, but a Todd Boehly-led group beat him to the Stamford Bridge club.

The owner of INEOS will now face fierce competition for the Red Devils.

Any new ownership group would take over a club that has long since moved past the heyday of Sir Alex Ferguson but may now be returning to growth under Erik ten Hag.

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Man United is one of the most well-supported teams in the world, which would provide the winning bidder tremendous commercial prospects.

According to reports, the formal bidding process could start as soon as three weeks from now, with Raine Group in charge of managing the ownership search.