• Loading stock data...
Thursday, May 2, 2024
  • -
    days
  • -
    hours
  • -
    minutes
  • -
    seconds

Man U Reportedly Exploring Stake Sale, Ratcliffe Interested

  • The Glazer family is reportedly thinking about selling a stake in the club.
  • Billionaire Jim Ratcliffe, Britain's richest person, is interested in buying in.
Manchester-United
Manchester United

A stake in Manchester United may be sold — but probably not to a certain eccentric billionaire.

The Glazer family — Man United’s owner — is considering offloading a minority stake in the team, according to Bloomberg.

  • The family, which also owns the Tampa Bay Buccaneers, is not ready to cede control of the team, which could be valued at $6 billion.
  • Britain’s richest man, Jim Ratcliffe, who made a late bid for Chelsea, confirmed Wednesday his interest in purchasing a stake in Man United and eventually owning the team.
  • Former team director Michael Knighton is preparing an unsolicited bid for the team, saying “we have an inept and quite frankly useless ownership.”

On Tuesday, Tesla founder Elon Musk tweeted “I’m buying Manchester United ur welcome.” Shares in the team spiked 7.6% on Wednesday before partly settling down.

Musk — the world’s richest man with a net worth of $269.2 billion, per Forbes — clarified about four hours later that the tweet was meant to be a joke.

Fan Fury

The Glazers have faced regular protests from fan groups, who are planning another one prior to the team’s match against Liverpool on Monday.

Fans have cited a lack of investment in the team and its Old Trafford Stadium, as well as misguided management.

Last in the Premier League after an 0-2 start, Man United is reportedly pursuing Chelsea and USMNT forward Christian Pulisic.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Lights, Camera, Premier League: Wrexham Owners’ Hollywood-Like Plan

Plans are brewing to triple the club’s stadium capacity.

Everything You Need to Know About the Premier League’s Possible Spending Cap

The rules would still need final approval at the annual meeting in June.

Regular-Season Euro Soccer Matches in U.S. Closer As Legal Barriers Fall

The pathway for European leagues to play official matches in the U.S. remains uncertain.

Just Like We Drew It Up? Stadium Renderings Can Excite, Confound, and Anger

During a historic wave of development, drawings wield more power than ever.
podcast thumbnail mobile
Front Office Sports Today

Why the Kentucky Derby is Still a Hot Ticket, 150 Races Later

0:00
0:00

Featured Today

The scene in the green room behind the NFL Draft Theater in Detroit on Tuesday, April 23, 2024. Thirteen college players who will be picked in the first round will be waiting in this large room with friends, family, agents and college coaches on Thursday night.

More NFL Draft Prospects Are Staying Home, and TV Networks Are Adjusting

Whether making or missing out on millions, more prospects are staying home.
April 21, 2024

Everything You Need To Know About the Legal Attempts To Kill the ACC

Four lawsuits involving the conference, Clemson, and FSU could determine the future.
April 20, 2024

A Bare-Knuckle Fighter Won His Pro Debut. The Far Right Scored a Marketing Win

With Proud Boys sponsoring him, experts say extremist groups will use his success to elevate their ideologies and recruit new believers.
April 7, 2024

Women’s Basketball Finally Has a TV Deal to Match the Excitement. Now What?

A lucrative new media-rights contract could rectify problems of the past, but the future of March Madness media rights is anyone’s guess.

Careers

Powered By

Careers in Sports

Looking for a new job? Check out these featured listings and search for openings all over the world.
Live Nation
Multiple - USA Careers
Adidas
Multiple - USA Careers
FanDuel
Multiple - USA Careers

‘Baseless Corporate Conspiracy’: Hedge Fund Heats Up Feud Between NBA Owners

The Mat Ishbia–Dan Gilbert feud has exploded into view this week.
March 14, 2024

Chiefs’ President Threatens Team Could Leave Kansas City If Voters Don’t Give It Money

The Hunt family’s cheapness continues to show after Super Bowl title.
March 25, 2024

Tony Clark Appears to Be Winning Fight Over Baseball’s Union

Some players had recently called for the removal of Clark’s top negotiator.
Sponsored

Rapid Returns: How Technology Is Getting You Back to Your Seat

How Oracle’s POS technology is helping fans get back to their seats faster.
IRS
February 15, 2024

IRS to Start Auditing Sports Owners

Audit increase comes with the agency’s increased enforcement budget.
Theo Epstein
February 2, 2024

Theo Epstein Returns Home, Joins Fenway Sports Group

The 50-year-old will serve as a senior adviser to the ownership group.
January 24, 2024

Former Tottenham Owner Pleads Guilty to Insider Trading Charges

Tottenham is worth $2.8 billion and owned by Lewis’s family trust.
Mark Cuban and Dallas Mavericks.
November 28, 2023

Adelson Family Freed Up $2B To Reportedly Buy Stake In Dallas Mavericks

Miriam Adelson is selling a portion of her Las Vegas Sands Corp stock.