Close Menu
The Stadium BusinessThe Stadium Business
  • News
  • Projects
  • Operations
  • Business
  • Job Listings
    • Job Dashboard
  • Insights
  • Meetings
    • The Stadium Business Summit
    • Design & Development Summit
    • The Stadium Business Asia
    • The Ticketing Business Forum
    • The Ticketing Business Asia
  • Regions
Facebook X (Twitter) Instagram
LATEST:
  • Hill Dickinson lands naming rights to Everton’s new stadium
  • Everton bids farewell to Goodison Park
  • Bears shifting stadium focus back to Arlington Heights
  • Ligue 1 attendances continue to rise
  • PMY Group to power World Technology Games
  • People on the move: Legends, PSG and more
YouTube LinkedIn Flickr
Register for #SBS25
The Stadium BusinessThe Stadium Business
  • News
  • Projects
  • Operations
  • Business
  • Job Listings
    • Job Dashboard
  • Insights
  • Meetings
    • The Stadium Business Summit
    • Design & Development Summit
    • The Stadium Business Asia
    • The Ticketing Business Forum
    • The Ticketing Business Asia
  • Regions
Subscribe
The Stadium BusinessThe Stadium Business
Home»Finance»Manchester United owners considering sale

Manchester United owners considering sale

Richard MulliganBy Richard Mulligan23rd November 20223 Mins Read Finance 158 Views
Old Trafford stadium
Share
Facebook LinkedIn Twitter Email WhatsApp Copy Link

Manchester United’s owners are considering selling the Premier League club as part of a strategic review.

The club issued a statement late on Tuesday announcing the commencement of a process that will consider all strategic alternatives, including new investment into the club and a sale. The review will also include an assessment of several initiatives to strengthen the club, including the redevelopment of its Old Trafford stadium and infrastructure.

The board, headed by owners the Glazer family, said the process is designed to enhance the club’s future growth, with the ultimate goal of positioning the club to capitalise on opportunities both on the pitch and commercially.

A number of reports claim the Glazers could want anything from £5bn to as much as £9bn for a complete sale.

“The strength of Manchester United rests on the passion and loyalty of our global community of 1.1 billion fans and followers,” said executive co-chairmen and directors, Avram Glazer and Joel Glazer in a statement.

“As we seek to continue building on the club’s history of success, the board has authorised a thorough evaluation of strategic alternatives. We will evaluate all options to ensure that we best serve our fans and that Manchester United maximises the significant growth opportunities available to the club today and in the future. Throughout this process we will remain fully focused on serving the best interests of our fans, shareholders, and various stakeholders.”

The Glazer family acquired a controlling interest in Manchester United in 2005, after which the company was delisted from the stock exchange. The Glazers listed a minority stake in the company on the New York Stock Exchange in 2012 but retained overwhelming control through a dual-class share structure which means they hold almost all voting rights.

Fans of Manchester United have long campaigned against the club’s American owners, who they accuse of a lack of investment and saddling the club with too much debt. Manchester United’s stock market valuation rose by as much as 17% after the news broke that the Glazers were willing to sell the club.

The Raine Group is acting as the club’s exclusive financial advisor and Latham & Watkins LLP is legal counsel to the company. Rothschild and Co is acting as exclusive financial advisor to the Glazer family shareholders.

The club added: “There can be no assurance that the review being undertaken will result in any transaction involving the company.  Manchester United does not intend to make further announcements regarding the review unless and until the board has approved a specific transaction or other course of action requiring a formal announcement.”

In June 2022, United appointed Legends International and Populous to lead a team that will be tasked with creating a masterplan for the redevelopment of Old Trafford.

Earlier this year it was reported that Manchester United’s owners were considering the sale of future TV rights to help finance the redevelopment of Old Trafford. A report in The Times newspaper claimed the Glazer family are considering several investment routes to fund the estimated £200m needed to increase Old Trafford’s capacity and make improvements to the stadium and training ground.

Manchester United Old Trafford
Follow on Google News Follow on RSS
Share. Facebook Twitter LinkedIn Email WhatsApp Copy Link
Previous ArticleFIFA lifts Qatar 2022 official stadium capacities
Next Article Rogers Centre completes first stage of C$300m renovation
Richard Mulligan

Related Posts

EMEA

Council ends negotiations over Salford Community Stadium sale

16th May 2025138 Views
EMEA

Redwood completes acquisition of Reading, SCL Stadium

15th May 2025
Design & Development

Missouri counters Kansas’ play for Chiefs, Royals

14th May 2025220 Views

Get this News delivered to your inbox

Top Posts

Hill Dickinson lands naming rights to Everton’s new stadium

19th May 20253 Mins Read

Everton bids farewell to Goodison Park

19th May 20253 Mins Read
YouTube LinkedIn Flickr
  • Home
  • About Us
  • Privacy Policy
  • Job Listings
  • Contact Us
Copyright © 2025 Xperiology. All rights reserved.

Type above and press Enter to search. Press Esc to cancel.

X We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies. However you may visit Settings to provide a controlled consent.
Read More Settings ACCEPT
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
__cf_bm30 minutesThis cookie, set by Cloudflare, is used to support Cloudflare Bot Management.
__lc_cid2 yearsThis is an essential cookie for the website live chat box to function properly.
__lc_cst2 yearsThis cookie is used for the website live chat box to function properly.
__oauth_redirect_detectorpastThis cookie is used to recognize the visitors using live chat at different times inorder to optimize the chat-box functionality.
cookielawinfo-checkbox-advertisement1 yearSet by the GDPR Cookie Consent plugin, this cookie is used to record the user consent for the cookies in the "Advertisement" category .
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
last_pys_landing_page7 daysAnonymous cookie used to facilitate the 'PixelYourSite' plugin which manages our analytical services.
last_pysTrafficSource7 daysAnonymous cookie used to facilitate the 'PixelYourSite' plugin which manages our analytical services.
pys_first_visit7 daysAnonymous cookie used to facilitate the 'PixelYourSite' plugin which manages our analytical services.
pys_landing_page7 daysAnonymous cookie used to facilitate the 'PixelYourSite' plugin which manages our analytical services.
pys_session_limit1 hourAnonymous cookie used to facilitate the 'PixelYourSite' plugin which manages our analytical services.
pys_start_sessionsessionAnonymous cookie used to facilitate the 'PixelYourSite' plugin which manages our analytical services.
pysTrafficSource7 daysAnonymous cookie used to facilitate the 'PixelYourSite' plugin which manages our analytical services.
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
CookieDurationDescription
CONSENT2 yearsYouTube sets this cookie via embedded youtube-videos and registers anonymous statistical data.
vuid2 yearsVimeo installs this cookie to collect tracking information by setting a unique ID to embed videos to the website.
advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
CookieDurationDescription
VISITOR_INFO1_LIVE5 months 27 daysA cookie set by YouTube to measure bandwidth that determines whether the user gets the new or old player interface.
YSCsessionYSC cookie is set by Youtube and is used to track the views of embedded videos on Youtube pages.
yt-remote-connected-devicesneverYouTube sets this cookie to store the video preferences of the user using embedded YouTube video.
yt-remote-device-idneverYouTube sets this cookie to store the video preferences of the user using embedded YouTube video.
Save & Accept