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Premier League – Manchester United considering sale: ‘Exploratory process initiated’



Premier League - Manchester United considering sale: 'Exploratory process initiated'

As with Liverpool FC, sales are also an issue for English record champions Manchester United. On Tuesday evening, the board announced that a “process to explore strategic alternatives for the association” had been initiated. A sale was also mentioned as a possibility in the announcement.

ManUnited has been owned by the American Glazer family since 2005, and the fans recently demonstrated violently against the unloved owners. “The fish stinks from the head,” said the club’s Supporters Trust.

“Manchester United’s strength comes from the passion and loyalty of our global community of 1.1 billion fans,” Avram and Joel Glazer were quoted as saying on the Red Devils website. “All options will be reviewed to ensure we best serve our fans and that Manchester United maximizes the significant growth opportunities available to the club now and in the future.”

Recently, Liverpool CEO Tom Werner said that the club owner, Fenway Sports Group (FSG), was considering selling the Reds. “We’re considering a sale. But there’s no rush, no timeframe for us,” Werner told the Boston Globe.