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Football - Funds needed to convince Glazers to sell United

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Reuters

Manchester — United Kingdom Billion Billionaire Jim Ratcliffe's interest in buying Manchester United has prompted supporters of the club not to let the American owners Glaser sell the club and pave the way for glory on the field.

Whether that happens depends on three key factors: Whether there are potential buyers willing to pay that price. And finally, whether the much-criticized Glazers are willing to pay and leave. is for sale or willing to engage in an offer.

However, there have been reports that it may be interested in selling a portion of its shares to potential minority shareholders.

But the fans, who are set to once again protest against the Glazers in their clash with old rivals Liverpool in the Premier League on Monday, are making far more radical changes than the owners of their new junior partners.

The club have not won a title since Alex Ferguson retired as manager in 2013 and have been completely disoriented recently, finishing sixth last season. It's over and we've lost our first two games of the season, so we've got another call. Due to change of ownership.

After the first day of home defeat to Brighton, Sky's influential critic of his sport and former captain Gary Neville said: , the time has come, it is now.

Following his 4–0 humiliation at Brentford on Saturday, the Manchester United Supporters Trust (MUST) issued the following statement:

In May, United reported a net loss of £27.7 million ($34.9 million) for his three months to 31 March. Compared to his loss of £18.1m last year, this figure has been affected by his COVID restrictions.

The club's share price has fallen below its European listed rivals and has lost more than a third of its value since 2018. Borussia Dortmund's share price fell about 27% while AFC Ajax gained his 27%.

The recent sale of Chelsea after sanctions were imposed on Russian owner Roman Abramovich has left the top Premier League manpower with the resources and desire to own his club. showed that there was no shortage of

A consortium led by LA Dodgers co-owner Todd Boley and backed by Clearlake Capital has won the race to buy the London club, paying £2.5 billion for the next 10 years. pledged to spend another £1.7 billion on

Price tag

If the Glazers were considering selling, what would be the asking price?

The American said he bought the club in 2005 for £790 million, a highly leveraged deal that left the club indebted. criticized. United has been listed on the New York Stock Exchange since his 2012.

The club surpasses Chelsea in most major rankings of club value. Forbes rates United as England's most valuable player at $4.6 billion, making him third in the world after Spanish giants Real Madrid and Barcelona.

Analysts say United's rankings reflect fans around the world rather than on-field performance or actual recent earnings, making it a truly global brand. It is said that

"Manchester United's key is the impact of its digital footprint," said Rob Wilson, a football specialist in his Hallam University football club in Sheffield.

``It outstrips every Premier League team and underpins commercial revenue. "Thing. This makes United very valuable from a corporate perspective,” he added.

"My personal view is that the rarity of the asset (MUFC is not for sale much) makes the price much higher than traditional valuation. I'm looking at about $6 billion, so don't be surprised if you see more than $8 billion if multiple bidders show up," he said. .

On top of that, future owners looking to revive United in British and European football will face even more costs.

The team needs an overhaul. , which means investing in player recruitment, with the Glazers considering upgrading or rebuilding Old Trafford stadium.

The newest Tottenham Hotspur stadium in the Premier League has cost the London club around £1 billion.

Convincing the Glazers to sell will require a very large sum of money, and even more to return United to the dominant position he enjoyed in the 1990s. .

(reported by Simon Evans; edited by Hugh Lawson)