Manchester United, Glazer family evaluates sale of minority stake

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(Finance) – The American family Glazer would be considering the possibility of selling a minority stake of the Manchester United, people familiar with the matter told Bloomberg. The owners would have discussed, on a preliminary basis and without a decision having been made, the possibility of involving a new investor.

The indiscretion comes just hours after Manchester United’s acquisition was the subject of a tweet from Elon Muskwho after having claimed to want to buy the team has retracted, dismissing everything as a joke.

Potential negotiations they would not contemplate the transfer of control of the English club, even if a tough battle between the owners and the fans has been going on for years. The late Malcolm Glazer bought Manchester United in a leveraged buyout in 2005, burdening the club with huge debts and immediately attracting the distrust of avid supporters.

The team it could be valued at around £ 5 billionaccording to reports from people familiar with the discussions.

Excellent performance of Manchester Utd Plc Newwhich stands at $ 13.44 on the New York Stock Exchange, with an increase of 5.16%. At the operational level, the session is expected to continue under the banner of bull with resistance seen at 13.84 and later at 14.74. Support at 12.94.

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