Premier League: Why are Manchester United and Liverpool for sale?
2 years ago

Premier League: Why are Manchester United and Liverpool for sale?

The Hindu  

English football’s two most storied teams are suddenly in play. “Using business fundamentals, any valuation doesn’t give you 2.5 billion pounds for Chelsea,” Kieran Maguire, author of “Price of Football”, told The Associated Press. But numbers well in excess of that have been widely circulating since the Glazers, who also own the NFL’s Tampa Bay Buccaneers, announced plans to explore “strategic alternatives” this week. “Our club, at this moment in time more than ever, needs the right ownership and that should be the priority rather than simply the highest bidders and highest return for you,” Manchester United Supporters’ Trust wrote in an open letter to the Glazers this week. “Fans will want to carefully scrutinise any new prospective owner - most of all we implore them not to repeat the mistakes you did - of alienating the fans that represent the greatest asset of Manchester United.” Ratcliffe, who was a boyhood United fan and owns petrochemicals firm INEOS, said earlier this month that he had dropped his previously held interest in buying out the Glazers.

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History of this topic

Defending Premier League champions Manchester City announce record revenue for 2023-24 season
1 week, 3 days ago

Defending Premier League champions Manchester City announce record revenue for 2023-24 season

Firstpost  

City’s record income for the 2023-24 season, however, did not translate to an increased profit, with Pep Guardiola’s side experiencing a drip from £80.4 million in City’s treble-winning 2022-23 campaign to £73.8 million last season. There was some good news in store for Manchester City fans in the middle of what has been a disastrous campaign so far with the …

Manchester United shares tumble as Ratcliffe’s stake bid report dents buyout hopes
1 year, 2 months ago

Manchester United shares tumble as Ratcliffe’s stake bid report dents buyout hopes

The Hindu  

Shares of Manchester United fell as much as 23 per cent on Monday after reports that British billionaire Jim Ratcliffe is looking to acquire only a 25 per cent stake in the football club raised concerns that a buyout by Qatar’s Sheikh Jassim bin Hamad al Thani could be off the table. Ineos Chair Jim Ratcliffe would pay over $1.5 …

Manchester United sale: Bidders to begin due diligence process
1 year, 9 months ago

Manchester United sale: Bidders to begin due diligence process

The Independent  

Sign up to Miguel Delaney’s Reading the Game newsletter sent straight to your inbox for free Sign up to Miguel’s Delaney’s free weekly newsletter Sign up to Miguel’s Delaney’s free weekly newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Bidders including Sir Jim Ratcliffe’s Ineos and Sheikh …

Manchester United bids may not be high enough to convince Glazers to sell
1 year, 9 months ago

Manchester United bids may not be high enough to convince Glazers to sell

The Telegraph  

Manchester United’s takeover bidders are hoping for clarity about the next stage of the process this week, amid the prospect of being told their offers are not high enough to persuade the Glazer family to sell. Sheikh Jassim bin Hamad Al Thani, a Qatari, and Jim Ratcliffe’s Ineos Group are the only two parties to have gone public with their …

Is Liverpool FC up For Sale? Owner John Henry Clarifies
1 year, 10 months ago

Is Liverpool FC up For Sale? Owner John Henry Clarifies

News 18  

Liverpool owner John Henry has denied the English giants are up for sale despite seeking fresh investment in the club. Henry’s Fenway Sports Group said in November it would “consider new shareholders if it was in the best interests of Liverpool as a club.” That sparked speculation that the 19-time English champions were on the market alongside rivals Manchester United. …

Qatar-based bid for Man United confirmed on deadline day
1 year, 10 months ago

Qatar-based bid for Man United confirmed on deadline day

Associated Press  

MANCHESTER, England — A Qatar-based bid for Manchester United was confirmed Friday, with Sheikh Jassim bin Hamad Al Thani promising to rid the iconic soccer club of debt and return it to its former glories. “The bid will be completely debt free via Sheikh Jassim’s Nine Two Foundation, which will look to invest in the football teams, the training center, …

Qatar-based bid for Manchester United confirmed on deadline day
1 year, 10 months ago

Qatar-based bid for Manchester United confirmed on deadline day

Al Jazeera  

The deal to buy Manchester United football club is expected to shatter records for the sale of a sport business. Sheikh Jassim Bin Hamad Al Thani, a son of Qatar’s former prime minister, has launched a bid to buy the United Kingdom’s Premier League club Manchester United, whose United States-based owners launched a formal sale process late last year. A …

Chelsea Sale Has Given Glazers Impetus to Sell Manchester United
1 year, 11 months ago

Chelsea Sale Has Given Glazers Impetus to Sell Manchester United

News 18  

Chelsea’s record sale last year has proved to the Glazer family that now is the right time to sell Manchester United, industry experts told Reuters, with any deal for the Premier League club having the potential to be the biggest in sporting history. Australian Open: Novak Djokovic Crushes Alex de Minaur to Enter Quarterfinals The club is one of the …

Manchester United takeover bids 'expected imminently'
1 year, 11 months ago

Manchester United takeover bids 'expected imminently'

Daily Mail  

Manchester United are expecting takeover offers from across the world as they are set to invite bids ahead of 'mid-February deadline'. The Glazers hope to sell Manchester United for over £5billion with bids expected imminently The report also adds that parties who had been interested in taking over Chelsea, before Todd Boehly's £4.25bn takeover, are set to return with approaches …

Why are Manchester United, Liverpool both up for sale now?
2 years ago

Why are Manchester United, Liverpool both up for sale now?

Live Mint  

Manchester United fans have celebrated the news that the Glazer family are open to selling the club after an acrimonious relationship with supporters during their 17 years in charge. But United are not the only iconic English club on the market with Liverpool's owners, the Fenway Sports Group, AFP Sport looks at the reasons why both the two most successful …

Why are Manchester United, Liverpool both up for sale now?
2 years ago

Why are Manchester United, Liverpool both up for sale now?

Firstpost  

Take a look at the reasons why both the two most successful clubs in English football history - Manchester United, Liverpool, are up for sale. But United are not the only iconic English club on the market with Liverpool’s owners, the Fenway Sports Group, AFP Sport looks at the reasons why both the two most successful clubs in English football …

Premier League: Who could be potential Manchester United buyers?
2 years, 1 month ago

Premier League: Who could be potential Manchester United buyers?

The Hindu  

Manchester United’s owners, the Glazer family, are considering selling the club as they explore “strategic alternatives”. Ratcliffe’s name was widely mentioned among United fans as someone many would welcome, although there are fears he might be priced out with some estimates putting the club’s worth at more than $4.5 billion. RED KNIGHTS In 2010, the Red Knights, a group involving …

Explained: Manchester United put up for sale by the Glazer family
2 years, 1 month ago

Explained: Manchester United put up for sale by the Glazer family

The Independent  

Sign up to Miguel Delaney’s Reading the Game newsletter sent straight to your inbox for free Sign up to Miguel’s Delaney’s free weekly newsletter Sign up to Miguel’s Delaney’s free weekly newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. In the statement, the club confirmed that they will consider all options …

Why Manchester United fans are ecstatic Glazers may sell the club
2 years, 1 month ago

Why Manchester United fans are ecstatic Glazers may sell the club

Al Jazeera  

American family’s ownership of the club has been marred by fan protests, huge debts and poor performance on the pitch. “It is an understatement to say that fans will be happy – the contempt for the Glazers runs deep,” Ahmed Bilal, the editor of the football blog Man Utd News, told Al Jazeera. “There is a lot of anger amongst …

Manchester United to be put up for sale 17 years after Glazer bought the Premier League club
2 years, 1 month ago

Manchester United to be put up for sale 17 years after Glazer bought the Premier League club

India Today  

English Premier League club Manchester United, on Wednesday, November 23, announced that it has started the process to change the club’s ownership, 17 years after America’s Glazer took charge. The United are currently valued at $2.46 billion after the team’s recent New York-listed shares went up by 19 percent following the plan’s announcement. As we seek to continue building on …

Man United owners prepared to sell Premier League club
2 years, 1 month ago

Man United owners prepared to sell Premier League club

Associated Press  

DOHA, Qatar — Manchester United’s American owners confirmed Tuesday they would consider putting the iconic Premier League club up for sale. Raine earlier this year handled the sale of Premier League club Chelsea to Todd Boehly and Clearlake Capital, successfully securing 2.5 billion pounds plus a commitment of 1.75 billion pounds of further investment. We will evaluate all options to …

Manchester United up for sale? Glazers looking to sell club - reports
2 years, 1 month ago

Manchester United up for sale? Glazers looking to sell club - reports

The Hindu  

Manchester United’s American owners confirmed on Tuesday they would consider putting the iconic Premier League club up for sale. Raine, earlier this year, handled the sale of Premier League club, Chelsea, to Todd Boehly and Clearlake Capital, successfully securing 2.5 billion pounds plus a commitment of 1.75 billion pounds of further investment. We will evaluate all options to ensure that …

Manchester United owners the Glazers put club up for sale – and could demand £9bn
2 years, 1 month ago

Manchester United owners the Glazers put club up for sale – and could demand £9bn

The Telegraph  

A “process to explore strategic alternatives for the club” has been launched “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”. The club said the strategic alternatives would include “an assessment of several initiatives to strengthen the club, including stadium and infrastructure redevelopment, and expansion …

Manchester City’s dominance and the futility of the chasing Premier League pack
2 years, 1 month ago

Manchester City’s dominance and the futility of the chasing Premier League pack

New York Times  

There were still five minutes plus stoppage time left to play inside Stamford Bridge when a group of ticketless Arsenal supporters spilled round the bend in the Fulham Road and, in the deluge, took up residency on the concourse outside the arena’s matchday store. “Do something: just look at the last six years what Manchester City have done with the …

Premier League: Manchester City's revenue exceeds Manchester United's for first time
2 years, 11 months ago

Premier League: Manchester City's revenue exceeds Manchester United's for first time

Firstpost  

Manchester City’s revenue exceeded arch rivals Manchester United for the first time last year, the Premier League champions revealed in their latest financial accounts on Wednesday. Across Manchester, United, who finished 12 points behind City in the Premier League last term, recorded revenue of £494.1 million for the financial year ended June 30, 2021. “The season closed with the team …

Klopp defends Liverpool's limited spending as rivals splash out
3 years, 4 months ago

Klopp defends Liverpool's limited spending as rivals splash out

The Hindu  

Juergen Klopp defended Liverpool's limited spending in the transfer market on Friday and said he was not surprised to see Premier League rival Manchester City, Chelsea and Manchester United splashing out. Manchester City signed Jack Grealish for a Premier League record 100 million pounds, Chelsea recruited Romelu Lukaku for 97.5 million while Manchester United brought in Jadon Sancho for 85 …

Owners of Manchester United set 4 billion pounds asking price to sell club according to media reports
3 years, 7 months ago

Owners of Manchester United set 4 billion pounds asking price to sell club according to media reports

The Hindu  

The owners of Manchester United have set 4 billion pounds as the asking price to sell the football club, the Irish Mirror reported on Saturday. READ| It's the people's game, not billionaires, says David Moyes A small group of Manchester United fans gathered outside the club's training ground on Thursday to protest against the Glazer family's ownership as the backlash …

Owners Of Manchester United Set 4 Billion Pounds Asking Price to Sell Club
3 years, 7 months ago

Owners Of Manchester United Set 4 Billion Pounds Asking Price to Sell Club

News 18  

The owners of Manchester United have set 4 billion pounds as the asking price to sell the football club, the Irish Mirror reported on Saturday. “City investors believe a bid close to their £4 billion asking price would tempt brothers Joel and Avram, who effectively run the club, to relinquish control”, the newspaper said, without mentioning the source of its …

Manchester United's interest in acquiring A-League team 'just noise’, says club CEO
3 years, 8 months ago

Manchester United's interest in acquiring A-League team 'just noise’, says club CEO

Firstpost  

Nine newspapers reported that Manchester United officials were in discussions with Central Coast Mariners owner Mike Charlesworth, who has been seeking a buyer for the cash-strapped club for the past year. Sydney: Manchester United are reportedly interested in joining their English Premier League city rival and becoming a team owner Down Under in the A-League, although the chief executive of …

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