Late on Tuesday night, the Glazer family announced what many Manchester United fans have been waiting years to here, that the club was potentially up for sale. This was communicated via a statement on the club's official website.
The statement citing that United were looking a 'strategic alternatives' read: "As part of this process, the Board will consider all strategic alternatives, including new investment into the club, a sale, or other transactions involving the Company.
"This will include an assessment of several initiatives to strengthen the club, including stadium and infrastructure redevelopment, and expansion of the club’s commercial operations on a global scale, each in the context of enhancing the long-term success of the club’s men’s, women’s and academy teams, and bringing benefits to fans and other stakeholders."
A joint statement from Joel and Avram Glazer then followed. Fans were obviously overjoyed but then thoughts turned to how much will the Glazer's be asking for United?
The i newspaper are reporting that the Glazers are hoping to agree a deal in the region of £5billion if they are to sell United and have appointed financial advisors from the Raine Group and Rothschild & Co to explore these avenues. This would be a massive return on the £790m that bought the club back in 2005.
A sale in this region would make United the most expensive sports club of all time, dwarfing the £2.5bn sale of Chelsea but also the £3.87bn and £4.7bn sales of the NFL franchises the Denver Broncos and the Washington Commanders especially.
Forbes, however, most recently valued the club at around £3.7bn, and due to the strength of the dollar in recent months this has likely increased to £3.85bn.
Furthermore, sports finance expert Kieran Maguire recently stated on his Twitter account that: "Manchester United share price up 17% following announcement of potential sale by Glazers, has already added almost $400m to the club’s market capitalisation."
It seems the Glazers are taking into account the club's potential value with investment in the stadium, facilities, and playing squad rather than just focusing on United's current value. Hopefully, this does not dissuade potential investors from making a bid.
Firedragon147
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are you done take a look at your first post before commenting again
I don't need to, I wrote that. But you should, at least 10 times a day.
Jamie_zz
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Kids who have no idea what you are talking about, living in the Ferguson era when you never watched any of those games. I don't expect you make sense. BTW there was a 3.5bil bid from sportify that was rejected.
are you done take a look at your first post before commenting again
Firedragon147
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he's right you Man u fans are up in the sky but down in the table, so have logic. Who's gama buy a sinking titanic worth 5 billion?
These fans expect someone to spend 5bil to buy the name and another 5bil to build it back, or they could turn it into a shopping mall.
Firedragon147
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why are you jealous? Is it because, you know that if they put up arsenal for sale it will cost 800m
Kids who have no idea what you are talking about, living in the Ferguson era when you never watched any of those games. I don't expect you make sense. BTW there was a 3.5bil bid from sportify that was rejected.
Sly01
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because it is not owned by one or two persons
Okay thanks
ironide
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Why is Spain not selling clubs too?
because it is not owned by one or two persons
putdeinptz
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Overrated player, overrated manager and now overrated valuation. United is the definition of overrated.
I think united is about 700 mill it's a run-down old brick oven that has passed it's time with facilities that don't worth a penny who the hell is going to waste 5 billion on United
putdeinptz
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would buy them but they are not that valuable just name they have a run down almost dilapidated infrastructure who would trow away 5 billion and then have to spend a extra billion to get their facilities in order not a good move
Jecdioruy
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Overrated player, overrated manager and now overrated valuation. United is the definition of overrated.
So Arsenal is not overrated abi Dirty arsenal 🤣
Kbhcityfan
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Surely Manchester United is too expensive because is one the three giant clubs in Europe and I think is worth something like 3.1b
Much more, Chelsea was sold for 2.5 billion pounds. United is a much bigger club and has much more commercial value. I think 4 billion +
Hoaiprsy
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IN THE END RONALDO INTERVIEW DID MANCHESTER UNITED CLUB A GREAT FAVOUR, KEEPING PEOPLE'S EXPECTATIONS HIGH WHILE DOING NOTHING UNDERGROUND TO GROW IS A COLOSSAL WASTE OF HUMAN EXPECTATION
Sly01
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Why is Spain not selling clubs too?
Dihipty
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why are you jealous? Is it because, you know that if they put up arsenal for sale it will cost 800m
he's right you Man u fans are up in the sky but down in the table, so have logic. Who's gama buy a sinking titanic worth 5 billion?
Riubcdeknt
1
cr7 sacrifice himself for the club and now they are about to gain their freedom what we needed was a strong voice
Cihdeikloy
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More like worth 1 million cents at current state of affairs. Might as well by the titanic at least it sunk already [Crylaugh][Crylaugh][Crylaugh]
Jamie_zz
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Overrated player, overrated manager and now overrated valuation. United is the definition of overrated.
why are you jealous? Is it because, you know that if they put up arsenal for sale it will cost 800m
Firedragon147
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Overrated player, overrated manager and now overrated valuation. United is the definition of overrated.
boeeikprst
3
Surely Manchester United is too expensive because is one the three giant clubs in Europe and I think is worth something like 3.1b
Footballlover067
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0.1 billion [Crylaugh]