BREAKING: Manchester United owners to explore sale as Glazers seek new investment. 📺 Sky 501, Virgin 602, Freeview 233 and YouTube
More recently, the club has become embroiled in a bitter legal fight with Cristiano Ronaldo, its best-known player, over an interview in which he questioned United's ambition and lambasted the Glazers' approach to owning it.It remains possible that the family, which took control of United in 2005 in a £790m deal largely funded by debt, opt not to sell.
United's valuation in a sale would inevitably exceed the roughly $2.15bn market capitalisation implied by its share price during Tuesday's trading session on the New York Stock Exchange. For more than 18 months, the club has been promising to introduce a modestly sized supporter ownership scheme that would give fans shares with the same structure of voting rights as the Glazers.
Manchester United was one of six Premier League teams to agree to join the project, which collapsed within hours of its official launch amid public and political acrimony. Billionaires from around the world will be linked to bids, as will sovereign investors seeking to emulate the kinds of takeovers seen at Newcastle United - now owned by Saudi state-backed investors - and Paris St Germain, which is Qatari-owned.
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