Manchester United

A Bid For Manchester United Could Be Made As Early As Friday, Following 17 Years Under The Billionaire Glazer Family's Ownership.

They have also faced scrutiny for maintaining a significant debt, [estimated](https://www.independent.co.uk/sport/football/manchester-united-glazers-debt-explained-b2145746.html) to be roughly $594.5 million last year, [sparking an outcry](https://www.foxsports.com.au/football/premier-league/teams/manchester-united/epl-2022-manchester-united-glazer-family-owners-sale-debt-transfers-news-old-traffordd/news-story/6030ae79f2609f79262fa1076cde0299) from fans who [claim](https://news.sky.com/story/manchester-united-how-scavenger-glazers-bought-club-and-left-old-trafford-rusting-and-in-a-mess-12752952#:~:text=The%20Glazers'%20%C2%A3790m%20takeover,receiving%20dividends%20from%20the%20club.) the family has failed to invest in the club while it soaks up the [dividends](https://news.sky.com/story/manchester-united-how-scavenger-glazers-bought-club-and-left-old-trafford-rusting-and-in-a-mess-12752952#:~:text=The%20Glazers'%20%C2%A3790m%20takeover,receiving%20dividends%20from%20the%20club.) it makes from it. In addition to Manchester United, the family is also in control of more than 6.7 million square feet of shopping center space in the U.S, while Malcolm’s son Joel Glazer owns the NFL’s Tampa Bay Buccaneers, which his father purchased in 1995. Since then, it’s become the city’s second-best team, with Manchester City winning five times in the past eight seasons. [Forbes](https://www.forbes.com/teams/manchester-united/?sh=6256c34613f9), making it the third most valuable professional soccer team in the world. [Manchester United: Billionaire Glazer Family May Sell Team After Years Of Fan Outrage, Reports Say ](https://www.forbes.com/sites/nicholasreimann/2022/11/22/manchester-united-billionaire-glazer-family-may-sell-team-after-years-of-fan-outrage-reports-say/?sh=44dd032a691c)(Forbes) [Cristiano Ronaldo Will Leave Manchester United By ‘Mutual Consent’](https://www.forbes.com/sites/nicholasreimann/2022/11/22/cristiano-ronaldo-will-leave-manchester-united-by-mutual-consent/?sh=656619a7de1e) (Forbes) [estimate](https://www.forbes.com/profile/glazer-1/?sh=62021ae615ec) the Glazer family’s net worth to be roughly $4.7 billion, split among the family after the death of Malcolm Glazer in 2014 at the age of 85. owners, the Glazer Family, do not have its best interests at heart. [multiple](https://www.independent.co.uk/sport/football/manchested-united-sale-qatar-takeover-b2283417.html) [outlets](https://www.mirror.co.uk/sport/football/news/manutd-sale-takeover-ratcliffe-elonmusk-29231563) reported the Raine Group, a financial firm for the Glazers, had been in conversations with a group of Qatari state investors about a potential sale. Its last championship, however, came in the 2012-2013 season, when the club defeated rival Liverpool. [parted ways](https://www.forbes.com/sites/nicholasreimann/2022/11/22/cristiano-ronaldo-will-leave-manchester-united-by-mutual-consent/?sh=656619a7de1e) with superstar forward Cristiano Ronaldo after his high-profile falling out with team management, arguing in an explosive interview they “don’t care about the club.” The club announced in November it had cut ties with the 37-year-old by “mutual consent,” paving the way for Ronaldo—who had rejoined Manchester United in 2021 after playing nine years for Spanish club Real Madrid—to sign a record-breaking contract [estimated](https://www.espn.com/soccer/al-nassr/story/4849640/cristiano-ronaldo-has-no-clause-in-contract-to-support-saudi-world-cup-bid-al-nassr) to be worth roughly $75 million per year with the Saudi Arabian club Al-Nassr. [reports](https://www.forbes.com/sites/nicholasreimann/2022/11/22/manchester-united-billionaire-glazer-family-may-sell-team-after-years-of-fan-outrage-reports-say/?sh=44dd032a691c) the Glazer family was considering a sale—shares have since leveled of slightly, to $26.33. [multiple](https://www.bbc.com/sport/football/64684703) [outlets](https://www.skysports.com/football/news/11095/12813127/manchester-united-takeover-qatari-sheikh-jassim-bin-hamad-al-thani-makes-substantial-bid-for-club) reported Friday—following years of complaints from fans who claim the English Premier League club’s billionaire U.S.

A son of Qatar's former prime minister, Sheikh Hamad bin Jassim bin Jaber Al Thani, one of the Gulf state's richest men, has submitted an offer for ...

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A CONSORTIUM led by Qatar's Sheikh Jassim Bin Hamad Al Thani announced on Friday it had submitted an offer to take over Manchester United in a deal possibly ...

Jassim bin Hamad bin Jaber Al Thani, the chairman of Qatar Islamic Bank and son of the country's former prime minister, confirmed his bid to acquire the English ...

The Glazers bought United for £790 million in 2005 as part of a highly-leveraged deal. It is unclear how the Qatari bid will be structured. Buoyed by Qatar hosting the World Cup last year, Qatar Sports Investments has considered plays for Tottenham Hotspur and Liverpool, as well as Manchester United. The debt-free offer includes investment in the team, training centre and stadium, and will be made via Sheikh Jassim’s Nine Two Foundation. It is widely seen as one of the most prized assets in all of sport. heir Rob Walton for the Denver Broncos National Football League team.

The deal to buy Manchester United football club is expected to shatter records for the sale of a sport business.

The Glazers bought United for 790 million pounds ($951m) in 2005 as part of a highly-leveraged deal. They are widely seen as one of the most prized assets in all of sport. The initial deadline for bids expired on Friday.

Sheikh Jassim is the son of Sheikh Hamad bin Jassim bin Jaber Al Thani, who is one of the richest men in the Gulf state.

The Glazers bought United for 790 million pounds in 2005 as part of a highly-leveraged deal. The club's current majority owners, the Glazer family, are seeking a valuation as high as 7 billion pounds ($8.42 billion), Reuters has previously reported. A deal for United is expected to shatter records for the sale of a sports business.