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Thursday September 19, 2024

Manchester United Owners Reportedly Want $4.3B for Club

  • The Glazers have reportedly put a $4.3 billion price tag on Manchester United.
  • Forbes last valued the club at $4.6 billion.
Manchester-United
Manchester United

Speculation over a Manchester United sale is increasing — and the team may now have a price tag.

The Glazers, who purchased the Premier League club for $954.48 million in 2005, are reportedly looking for roughly $4.3 billion in exchange for the team, according to The Daily Mail. Outlets previously reported that the family — who also own the Tampa Bay Buccaneers — could seek a record $5.9 billion for the team, which was valued at $4.6 billion by Forbes in May.

Despite not officially being on the market, reports of a sale have swirled as the Glazers face pressure from Man U fans.

  • Under the family, Man U has paid around $1.1 billion in interest and debt repayments, while the family has received $406 million in share sales, consulting fees, and dividends.
  • Fans have staged protests at games and outside Old Trafford.

It’s unclear if the Glazers would want to sell the entirety of the club. A loan and stake sale have reportedly been discussed as the Glazers seek at least $235 million for infrastructure improvements to the stadium. The Times previously reported that a sale of the team’s media rights are also likely.

Potential Buyers

Sir Jim Ratcliffe, Britain’s richest man, and Michael Knighton have expressed interest in buying the club. The Daily Mail reported that Dubai’s sovereign wealth fund is rumored to be a contender.

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