About our Manchester United Sale / Man Utd Takeover news
Latest news on Manchester United takeover, providing comprehensive coverage of bids, ownership changes, fan protests, and financial developments at the Premier League football club.
Manchester United, one of the world's most valuable and successful football clubs, has been at the centre of intense takeover speculation since November 2022 when the Glazer family announced they were considering selling the club. With a rich history dating back to 1878 and a global fanbase of millions, any change in ownership at Old Trafford carries significant implications for the sport and business worlds.
The most recent development in the Manchester United takeover saga came on 20 February 2024, when British billionaire Sir Jim Ratcliffe's partial acquisition of the club was officially confirmed. Ratcliffe, through his company Trawlers Ltd., purchased an initial 26.2% stake for approximately £1.3 billion. This deal grants Ratcliffe full sporting control of the club, with his ownership set to increase to 28.9% by the end of 2024 following further investments.
Fan reaction to the partial takeover has been mixed, with some supporters welcoming Ratcliffe's involvement and others expressing disappointment that the Glazer family remains in control. The Manchester United Supporters' Trust (MUST) has called for clarity on Ratcliffe's long-term plans for the club. Meanwhile, the team's on-field performance continues to be scrutinised, with fans hoping that new investment and leadership will help restore Manchester United to the pinnacle of English and European football.
The takeover process has been lengthy and complex, with multiple bidders involved over the past 18 months. Qatari businessman Sheikh Jassim bin Hamad Al Thani was a frontrunner for a full takeover but withdrew his bid in October 2023. The Glazer family, who have owned Manchester United since 2005, faced increasing criticism from fans over the years due to the club's debt levels and perceived lack of investment in the team and infrastructure.
As the situation at Manchester United continues to evolve, our ÐÇ¿Õ´«Ã½ feed provides up-to-the-minute coverage of all developments related to the club's ownership, financial status, and future plans. Whether you're a devoted Red Devils supporter, a football finance enthusiast, or simply interested in one of the biggest stories in global sport, our comprehensive feed ensures you stay informed about every twist and turn in the Manchester United takeover saga.