Sunday September 24, 2023
The Best Employers in Sports Survey is Now Open!

‘Clarity’ on Man United Ownership Expected Before Season’s End

  • There have been concerns the sale process of Manchester United has been stalled as the Glazers hold out for a $7.2 billion price tag.
  • It was recently reported that if no deal is reached by the end of the season, any potential sale could be in jeopardy.
A view of a Manchester United badge on the corner flag.
Manchester United FC
Front Office Sports Today

How Rupert Murdoch Changed Sports Media Forever

As he steps down as chair of Fox and News Corp., we discuss his monumental and ongoing impact.
Listen Now
September 22, 2023 | Podcast
Linkedin
Copy Link
Link Copied
Link Copied

More questions surrounding the sale of Manchester United should be answered soon.

The team’s staff is expected to receive “clarity” on its ownership situation before the season ends in May, according to ESPN. There have been concerns the sale process has been stalled as the Glazers hold out for a reported $7.2 billion price tag.

It was recently reported that if no deal is reached by the end of the season, any potential sale could be in jeopardy.

The only two public bids are from Qatari Sheikh Jassim bin Hamad Al Thani and British billionaire Jim Ratcliffe’s INEOS, with the former interested in a full takeover and the latter in a reported 69% stake. 

Representatives of the two bids — which reportedly aren’t more than around $5.4 billion — will meet with the club before the end of March. Forbes last valued Manchester United at $4.6 billion.

Elliott Management, Ares Management, and Oaktree Capital have all reportedly offered funding to bidders.

ESPN also reported that the Glazers, who purchased the team in 2005 for $942 million, are prioritizing offers for a full takeover. The family hired the Raine Group in November to explore a full or partial stake sale.

Linkedin
Copy Link
Link Copied
Link Copied

What to Read

Big-12

Texas, Oklahoma's Big 12 Exit Could Have Cost $60M More

The school's move to the SEC is costing about $100 million.
Sponsored

NHL’s Chris Foster on Amplifying Content Distribution With Automation

Learn how the NHL is using WSC Sports to increase fan engagement.
A view of the Spurs club badge on the exterior of Tottenham Hotspur Stadium in London.

Tottenham, Valued At $2.8B, Says It's Open To Stake Sale

The club's chairman says new minority investors could come on board.

England Women’s Team Resolves Pay Dispute After WWC Success

Agreement arrives a month after the end of the 2023 Women's World Cup
podcast thumbnail mobile
Front Office Sports Today

How Rupert Murdoch Changed Sports Media Forever

0:00
0:00

Featured Today

Deion Sanders with The Rock on ESPN's "College GameDay."

Deion Sanders Generated $45M In Earned Media For Colorado

From Sept.1-22, Sanders generated $45.7M for the public university.
September 23, 2023

Up Next For College Football Playoffs: More Change, Money, And ... Streaming?

Many changes are coming to the CFP when it expands to 12 teams.
September 22, 2023

Warriors Stake Reportedly Up For Sale at $7B Valuation

A 10% stake in the franchise could cost $700 million.
September 22, 2023

Jaguars Threaten Move Without $1B From Jacksonville Taxpayers

The Jagaurs are hoping to renovate TIAA Bank Field for $2 billion.

Careers

Powered By

Careers in Sports

Looking for a new job? Check out these featured listings and search for openings all over the world.
Chicago Cubs
Chicago
Fanatics
New York
Tri Star Sports and Entertainment Group, Inc.
USA - Multiple Locations
Ottawa-Senators

Andlauer Completes Record $950M Senators Acquisition

Long-awaited pact follows three months of due diligence, league review
September 20, 2023

Royals Miss Self-Imposed Deadline To Select Stadium Site

Ongoing discussions with Jackson, Clay Counties prompt timetable shift
Chelsea-FC
September 20, 2023

Chelsea Gets $500M For Stadium Projects, Club Acquisitions

The Premier League club is receiving crucial new investment.
September 19, 2023

Rays Eye Much More Stable Future With Stadium Deal

Ballpark deal ends years of relocation rumors
September 18, 2023

Wisconsin Legislators Make Renewed Pitch To Keep Brewers

Republican-led effort looks to retain MLB club in the state
September 18, 2023

Delay Around Brady's Raiders Stake Sparks Questions

Tom Brady's purchase of a stake in the Raiders is still pending.
September 18, 2023

Orioles’ Angelos Says Staying In Baltimore ‘A Given’

Reclusive Angelos conveys new confidence of new lease deal
September 18, 2023

Rays Reportedly Set To Announce Long-Awaited Stadium Deal

Anticipated deal ends nearly two decades of unsuccessful efforts toward new ballpark