Manchester United co-owner Avram Glaser has spoken for the first time since announcing the club could be for sale.
Sky News tracked him down near his home in West Palm Beach, Fla., and asked why now would be the right time to sell the club.
“As announced yesterday, the Board has gone through a process and decided to consider various strategic alternatives, and that is what we are doing.
When asked why the club hadn’t been sold earlier, he repeated his answer, adding, “We’ll see where that takes us.”
Glazers reportedly furious over remarks and Ronaldo this week left United immediately by mutual consent.
But Avram Glaser refused to be attracted to the striker’s claim that his family “doesn’t care about the club.”
He told Sky News:
‘A process designed to facilitate club growth’ – full Manchester United statement
“Manchester United plc (NYSE:MANU), one of the world’s most successful and historic sports clubs, today announced that its Board of Directors (the ‘Board’) has begun a process to explore strategic alternatives for the club. announced that it had
“This process is designed to facilitate the future growth of the club and the ultimate goal is to enable the club to capitalize on opportunities both on the pitch and commercially.
As part of this process, the Board will consider all strategic alternatives, including new investments in the Club, divestitures or other transactions involving the Company.
“This will include the evaluation of several initiatives to strengthen the club, including the redevelopment of stadiums and infrastructure and the expansion of the club’s commercial activities on a global scale. , and Academy teams that will benefit fans and other stakeholders.”
Manchester United sale Q&A: Any contenders? When can the Glazers leave?
Sky News’ City editors Mark Kleinman and Kaveh Solhekol, who broke the news that the Glazer family are willing to sell Manchester United, answer all your important questions.
“Sir Jim Ratcliffe bid for Manchester United”
Sir Jim Ratcliffe will bid for Manchester United after the Glazers officially put the club up for sale. daily telegraph.
A United fan and 1999 Champions League finalist, Ratcliffe, one of Britain’s richest men, had contact with the Glazers in August and was serious about a new approach. It is said that there are
However, he is alleged to be wary of overpaying United, with insiders suggesting that the Glazers are looking for a price in excess of £5 billion.
The report also says Ratcliffe has experience dealing with broker Reign Group, which reportedly demands prices above United’s intrinsic value.
Ratcliffe, which owns Ineos, made an unsuccessful bid to acquire Chelsea earlier this year.
Ratcliffe said financial times October: “If it had been on sale in the summer, I probably would have followed Chelsea in buying it, but I can’t sit back and hope that Manchester United will be available one day.
Ratcliffe’s Ineos group already owns Nice, France and Club Lausanne, Switzerland.