Manchester United could become the latest English Premier League team to have new owners after it announced that it would 'explore strategic alternatives for the club.
A corner flag with the Manchester United logo on it ahead of the English Premier League soccer match between Manchester United and Manchester City at Old Trafford in Manchester, England. Saturday, Dec. 12, 2020. There have been 150 top-flight Man U v Man City derbies with United having won 58 and City 45, with 47 draws. Manchester United could become the latest English Premier League team to have new owners after it announced that it would “explore strategic alternatives for the club.
"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...
Malcolm Glazer died in 2014 and his sons Avram and Joel Glazer are currently the co-chairmen of the team. Manchester United bills itself as the most famous club in the world and has significant commercial presences all across the globe. If the team is sold, its purchase price will likely far exceed the $3.2 billion that Todd Boehly paid for Chelsea from Roman Abramovich earlier this year after the Russian oligarch was forced to sell the team via sanctions imposed from Russia’s invasion of Ukraine.
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