news Manchester United owners confirm they could sell the club as strategic review launched | Business News
Manchester United's American owners have confirmed they could sell the club as they explore "strategic alternatives" to boost its sporting and commercial success.It comes after
Sky's City editor Mark Kleinman exclusively revealed the Glazer family were preparing to announce the news and were already being advised by bankers. 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.After 17 years in charge, they said on Tuesday
that the prospect of selling was now on the table.A statement said the board of directors was "commencing a process to explore strategic alternatives for the club" which will
include "new investment into the club, a sale, or other transactions". It said stadium and infrastructure redevelopment and expansion of the club's global commercial activities
will all be looked at. Image: Avram Glazer (L) and Joel Glazer said the review would serve the best interests of fans and shareholders Manchester United have struggled to get
anywhere near the golden era of Sir Alex Ferguson since he stepped down as manager in 2013.The club's facilities, current manager Erik ten Hag and the attitude of the Glazer family
were also Criticized by Cristiano Ronaldo in a recent interview with Piers Morgan."The Glazers, they don't care about the club. I mean, professional sport, as you know, Manchester
is a marketing club," said the player. The fallout led to the Portuguese star and Manchester United announcing on Tuesday that he was immediately leaving the club by mutual
consent.Another former United star, Gary Neville, has previously called the Glazers "scavengers" who "need booting out of this football club and booting out of this country".He
made the comments after the club was among those looking to form a breakaway European Super League - an idea lambasted by most of the footballing world.Read more:How 'scavenger'
Glazers left Old Trafford 'rusting' and in a 'mess' Image: Protests against the owners have been going on for years. Peak: AP Could Manchester-born billionaire make a bid? Avram
Glazer and Joel Glazer, executive co-chairmen and directors, said their review would be "fully focused on serving the best interests of our fans, shareholders, and various
stakeholders".However, the statement cautioned that a sale - or any other deal - is not guaranteed.A partial sale to new investors, with money being raised to redevelopment Old
Trafford, is one potential outcome, says Sky's Mark Kleinman. HUNT FOR NEW OWNERS MAY PUT FANS IN MORAL BIND Rob Harris Sports match @RobHarris The focus on Qatar for the World Cup
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