Glazer brother reluctant to sell Man Utd - no matter offer

Football
26 Mar 2023 • 10:00 PM MYT
Tribal Football
Tribal Football

Tribal Football covers news from the Premier League, LaLiga and Serie A

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Manchester United co-owner Avram Glazer is reluctant to see the club sold.

Sir Jim Ratcliffe submitted a second official offer for United earlier this week. Meanwhile, the second Qatari-backed bid finally came overnight Friday into Saturday after an extension was granted following Wednesday's deadline.

Both bids are said to be in the region of 5billion. There is also a third full takeover bid from Finnish billionaire Thomas Zilliacus, though that comes in at under 4bn.

However, the Mail claims one-half of the brothers' partnership is not keen on cutting ties completely with the Old Trafford club.

The report says Avram Glazer does not want a full sale. It is claimed the 62-year-old only brought in New York investment banking firm the Raine Group to discover how much they could receive in a sale down the line.

Joel Glazer, 55, is said to be more open to a full sale than his brother. However, the price must be at a huge premium, likely close to 6bn.

The four other Glazer siblings are open to a full sale for a big profit but not necessarily as much as 6bn. The scenario shows a split amongst the family over what the next step will be.