Man Utd takeover clause after Glazer message and Turki Al-Sheikh controversy
Source: Daily Star
Published 3 hours ago
Edward Glazer has provided insight into how his family come to a consensus on important decisions at Manchester United.
Despite strong criticism from supporters regarding the enormous debt accumulated since their takeover in 2005, which has coincided with the club's demise on the pitch post Sir Alex Ferguson, the US-based Glazers have maintained their controlling stake. In a significant move, controversial British billionaire Sir Jim Ratcliffe sealed a deal in 2024 to purchase a substantial 27.7% stake in the Red Devils, valued at approximately $1.6 billion (£1.25 billion).
This agreement has allowed Ratcliffe to assume control of the club's football operations, supported by key figures Jason Wilcox and Omar Berrada. However, there was widespread speculation earlier this season about a possible change in ownership when Turki Al-Sheikh claimed on social media that United were in 'advanced negotiations' with a potential new investor.
In his post on X, Al-Sheikh wrote: "The best news I heard today is that Manchester United is...
Continue Reading: Man Utd takeover clause after Glazer message and Turki Al-Sheikh controversy
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