Asked By: Carl Martin Date: created: Mar 31 2024

Which club owns Manchester United

Answered By: Cole Martin Date: created: Mar 31 2024

Who owns Manchester United? – Manchester United are currently owned by the six children of the late former owner Malcolm Glazer: Avram, Joel, Kevin, Bryan, Darcie and Edward Glazer. Malcolm Glazer took hold of a majority stake in the club in 2005 through investment company Red Football Ltd.

When he died in May 2014 after a long illness following a stroke, the 90 per cent controlling stake he owned was split equally between the six Glazer children. Joel and Avram had been in charge of the day-to-day running of the club since their father’s stroke in April 2006. The pair are now co-chairmen with Kevin, Bryan, Darcie and Edward holding positions as directors.

In March 2021, Avram Glazer put £70 million ($97m) worth of his shares up for sale. Return to top

What does Glazer family own?

Career – After working alongside his father Malcolm to successfully acquire the Tampa Bay Buccaneers franchise in 1995, Glazer worked in conjunction with his brother, Bryan, to build a community consensus for local approval of what would become Raymond James Stadium.

  1. Thereafter, in 2002, he helped lead the Tampa Bay Buccaneers to the franchise first Super Bowl victory vs.
  2. The Oakland Raiders on January 26, 2003.
  3. In 2021, The Buccaneers became the first team to play in a Super Bowl at their home stadium, and would go on to win Super Bowl LV, giving the Glazer family their second title.

Glazer, the franchise’s co-chairman, represents the franchise at all league meetings since 1995 and is very active in a wide range of NFL matters. During the 2019 offseason, Glazer was appointed chairman of the International Committee by NFL Commissioner Roger Goodell.

He also continues his responsibilities on the league’s Finance, Media, and Legalized Sports Betting committees. Glazer also serves as co-chairman of Manchester United Football Club, which has won five Premier League titles (2007, 2008, 2009, 2011 and 2013), one Champions League title (2008), five League Cups (2006, 2009, 2010, 2017, 2023), one FA Cup (2016), and one Europa League title (2017) during his tenure.

His work with the club led to his naming in 2007 as one of the Top 10 most influential Americans in the United Kingdom by The Telegraph, However, Joel Glazer & the Glazer family have faced a decade of backlash & controversy from the fans over their poor mismanagement of Manchester United & the withdrawal of 1 billion pounds worth of dividends from the club.

Glazer has been active in the Tampa Bay community through the Glazer Family Foundation, which is dedicated to helping children in the Tampa Bay area through charity initiatives. The Foundation donated $5 million toward the construction of the Glazer Children’s Museum, in downtown Tampa, which opened in 2010 and was named one of the Top Ten Family Museums in the country by Women’s Day Magazine.

For its wide-reaching charitable efforts, the Tampa Bay Sports Commission named the Glazer Family Foundation the Foundation of the Year at the inaugural Sneaker Soiree held in 2011. In 2021, Glazer played a leading role in the attempt to set up a breakaway European Super League which would end the European football pyramid system and replace it with a close league without relegation and promotion.

Is Manchester United privately owned?

Manchester United plc., a company incorporated in the Cayman Islands, is the ultimate parent company of Manchester United Football Club. Manchester United plc is listed on the New York Stock Exchange. The only person holding 10% or more of the voting rights in Manchester United plc is the Glazer family.

Are PSG owners buying Manchester United?

11h Alex Kirkland and Rodrigo Faez 3d Alex Kirkland and Rodrigo Faez play Why Sheikh Jassim’s latest bid is ‘crunch time’ for Manchester United (1:43) Rob Dawson explains why time and patience is running out for all involved in the sale of Manchester United. (1:43)

Associated Press

Jun 10, 2023, 01:14 PM Paris Saint-Germain president Nasser Al-Khelaifi said on Saturday that he is not part of a potential Qatari-based bid to buy Manchester United, Speaking in Istanbul ahead of the Champions League final, Al-Khelaifi distanced himself from countryman Sheikh Jassim bin Hamad Al Thani’s proposed takeover of the storied Premier League club.

Stream on ESPN+: LaLiga, Bundesliga, more (U.S.) “Paris Saint-Germain is my club, my heart and nothing to do with Man United,” he said of his Qatari-backed French club. On Friday it was reported Al-Khelaifi, who is also the chairman of the European Club Association, had played a “significant” role in talks over Sheikh Jassim’s attempt to buy out United owners, the Glazer family.

Al-Khelaifi said potential investors frequently seek his advice and that he would offer his opinion about United or any other club. He said he was approached at Formula One’s Miami Grand Prix by an investor considering bids for two unnamed English teams.

I’m not working for anyone. I want the best for football,” he said. “When this guy asked me, I tell him my opinion. So if they ask me my opinion I will answer them for sure and that’s what they do. Anyone, not just Man United. I will give them my experience that I have. That’s it.” UEFA has a rule designed to stop owners or businesses having “decisive influence” over more than one club which qualifies for its European competitions.

The rule drafted 25 years ago aims to protect the integrity of games from owners with a conflict of interest on the field. Sheikh Jassim’s bid to buy United will stay on the table despite the passing of Friday’s deadline, sources have told ESPN. The Qatari businessman submitted a fifth offer to buy the club last week.

  1. It was delivered with a warning to the Glazer family and Raine Group that Sheikh Jassim would not engage with the process beyond Friday, June 9.
  2. The deadline passed without any indication from the Glazers or Raine about whether the bid has been successful but sources have told ESPN that the offer has not been withdrawn and will remain on the table.

The Glazers are also considering a takeover bid from British billionaire Sir Jim Ratcliffe, chairman and CEO of chemical company INEOS, and offers of investment from a number of U.S.-based finance groups. The Glazers announced in November that they were exploring “strategic alternatives” after owning the club since 2005.

That included a possible full sale or minority investment. PSG is owned by Qatar Sports Investments and has spent exorbitant amounts of money on some of soccer’s biggest players like Lionel Messi, Kylian Mbappe and Neymar, Al-Khelaifi added that he would welcome further Qatari ownership of European teams.

“If within the regulation, why not? Everyone, not only Qatari, everyone,” he said.

Asked By: Sebastian Brooks Date: created: Apr 23 2024

Will Glazers sell Manchester United

Answered By: Gabriel Baker Date: created: Apr 23 2024

talkSPORT football match centre – Keep up-to-date with all the latest Manchester United fixtures and results and live Premier League standings in our new match centre. The Glazers are going to take Manchester United off the market, having failed to get close to their anticipated asking price, according to a source with long-standing close ties to the American family,

The move is certain to provoke fury among United fans, who have never felt much warmth towards the club’s owners, and blame them for a lack of recent success and investment in infrastructure. ‘The Glazers are thick-skinned and won’t be influenced by any negative fan reactions,’ said the source, adding the family’s original plan was to attract multiple serious bidders, and that didn’t materialise.

The family made it known last November that they were open to offers for either 100 per cent of the club, or a partial sale that left them with a sizeable stake. Only two serious bidders emerged, Sheik Jassim of Qatar, who wants the whole club, and Sir Jim Ratcliffe, whose offer would leave the Glazers with a minority interest.

  1. Sources close to those parties have been left frustrated as to the Glazers’ stance, making multiple rounds of offers and being given no indication of where they stood.
  2. At one point Sheik Jassim’s camp bypassed US merchant bankers Raine, who have been in charge of the sales process, to deal directly with the Glazers.

And even amid recent rumours suggesting the Qatari bid was about to be accepted, the situation hasn’t moved on. The logic for taking United off the market now, says the source, is that the Glazer family will try to sell the club again in 2025, when they hope financial and ‘environmental’ factors may attract more bidders.

The Glazers hope for a higher price thanks to an uplift in TV rights revenues, the expansion of FIFA’s Club World Cup to 32 teams from 2025, which could be very lucrative, and the forthcoming 2026 World Cup. That event, to be hosted in the USA, will heighten the interest of American billionaires in football investments.

The Glazers think this may help them sell United for between £7billion and £10bn. A sit-in protest by United fans was held at Old Trafford last week and urged the family to sell up, yet again, but the Glazers have long ignored supporters. The owners have backed manager Erik ten Hag and hope he can deliver major silverware to the club over the next two seasons, which would help boost the sale price.

How did the Glazer family get rich?

Business history – Glazer obtained the watch repair concession at the Sampson Air Force Base, When the base closed in 1956, he expanded into real estate investing in single-family homes, duplexes and commercial buildings in Rochester, eventually owning commercial real estate across America.

In 1963, he bought the National Bank of Savannah in upstate New York. In 1973, he bought the first of five health care facilities he was to own, the West Hill Convalescent Center in Hartford, Connecticut, In 1976, he purchased three television stations for $20 million including WRBL in Columbus, Georgia,

In 1984, he founded First Allied Corporation, a holding company for his various endeavors where he served as president and chief executive officer. First Allied invested in a diverse portfolio of international holdings and public companies including: Zapata Corporation, Houlihan’s Restaurant group, Harley-Davidson, Formica, Tonka Toys, Specialty Equipment and Omega Protein.

Glazer first gained national business attention in 1984, when he launched an unsuccessful $7.6 billion bid to buy the government-controlled freight rail company, Conrail, He was later the largest shareholder of kitchen designer Formica in 1988 and, later, with motorcycle manufacturer Harley-Davidson.

Glazer achieved control of Zapata Corporation, an oil and gas company founded by George H.W. Bush, Glazer successfully diversified it into fish protein and Caribbean supermarkets. Glazer owned a diverse portfolio of investments, which included food service equipment, food packaging and food supplies, marine protein, broadcasting, health care, property, banking, natural gas and oil, the Internet, stocks and bonds.

Asked By: Caleb Smith Date: created: Dec 27 2023

How did Glazers buy Man U

Answered By: Jeffery Edwards Date: created: Dec 27 2023

Timeline: The Glazers’ troubled ownership of Manchester United Manchester United kick off their Premier League season by playing the Wolves at home on Monday amid lingering uncertainty over the club’s future as a sale process announced by the owners has stalled.

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The Glazer family first announced they were considering a sale in November 2022, and there have been multiple rounds of bids since. Qatari investor Sheikh Jassim bin Hamad Al Thani and British businessman Jim Ratcliffe are the frontrunners to buy the club. list of 4 items list 1 of 4 list 2 of 4 list 3 of 4 list 4 of 4 end of list New ownership would end a deeply troubled era that began 18 years ago, when the Glazers took over the all-conquering Red Devils, lumping the club with $787m in debt during their leveraged buyout.

The Glazers took over at a time when Cristiano Ronaldo and Wayne Rooney were notching up back-to-back Premier Leagues under Sir Alex Ferguson. Now, the club have gone a decade without winning the title. To add insult to injury, Manchester City, previously dismissed as the “noisy neighbours”, have leapfrogged the Red Devils to become the dominant force in English football.

  • However, as the sale saga stretches on, fans are getting increasingly frustrated – and there is the chance that the Glazers may end up opting not to sell at all.
  • Protests are planned at Old Trafford stadium on Monday, but they have consistently fallen on deaf ears during the Glazers’ nearly two decades in charge.
  • Al Jazeera looks at the Glazers’ tumultuous reign:

2003: The Glazers buy a 2.9 percent stake in the club for about $5.6m.2005: The family executes a leveraged buyout of the club at $1.5bn, securing 98 percent of the shares. The Glazers borrowed the money using the assets of the company as collateral, leaving the club in $787m of debt from the takeover.

  • This move meets with considerable fan protests.
  • During the new owners’ first visits to Old Trafford, they are forced to leave in police vans as supporters wait to vent their frustrations outside the grounds.2010: Man Utd announces it will refinance all of the debts heaped on the club by the Glazers in the form of bonds.

Fan protests reach fever pitch. In a game versus AC Milan, David Beckham, a returning Man Utd legend on loan to the Italian giants, picks up and wears a green-and-gold scarf thrown by a fan. Such scarves, in the colours of the club when it was first founded as Newton Heath in 1878, had become a symbol of protest against the Glazers’ ownership. David Beckham puts on a green and yellow scarf in support of the anti-Glazer protest after AC Milan lost to Manchester United in the Champions League in 2010 (Jon Super/AP Photo) The Red Knights Group, which includes former Football League chairman Keith Harris, backed by the Manchester United Supporters Trust, launches an unsuccessful bid to buy the club.

In May, Man Utd fans pay for planes to fly over two matches towing the message “Glazers Out.” 2014: Malcolm Glazer, the father of the Glazer dynasty, dies. The family sells 12 million more shares for $200m. In December, Edward Glazer sells three million of his shares as the family rules out selling Manchester United for at least five years.2017: The Glazers sell 4.3 million shares and earn $73m from the sale.2019: United fans pen an open letter to the Glazers warning the family, “We are not going away this time.

We will not sit in the dark any longer whilst you pretend we don’t exist.” 2021: Fans are enraged by the Glazers’ attempt to take the club into the proposed breakaway European Super League. Man Utd fans protest by invading the pitch before a game with Liverpool, causing the game to be abandoned. Manchester United fans protest before the Liverpool match outside Old Trafford on August 22, 2022 2022: The Glazers finally put the club up for sale on the same day the club announces it has terminated Cristiano Ronaldo’s contract. The Glazers employ The Raine Group, which oversaw Chelsea’s takeover the previous year, to oversee the bidding process.

February 2023: Raine Group set a deadline for the first round of bids. Several bids are made, with Sheikh Jassim and INEOS founder Ratcliffe making the only public bids. Sheikh Jassim, the son of the country’s former prime minister, is the chairman of the Qatar Islamic Bank. Ratcliffe is reportedly the richest man in the United Kingdom, with a fortune worth $15.3bn, according to Forbes.

They both claim to be lifelong fans of the club. March 2023: Raine receives the second round of bids. Both Sheikh Jassim and Ratcliffe are in this group, along with investors offering six more bids, including the Finnish businessman and former Nokia executive Thomas Zilliacus.

  1. May 2023: After reports suggest Ratcliffe has submitted a revised offer, Sheikh Jassim submits a new and improved fourth bid.
  2. June 7, 2023: Sheikh Jassim lodges a fifth bid, widely reported as a “take or leave it” offer.
  3. August 14, 2023: With no concrete sign of a sale in sight, fans plan to protest against the Glazers’ ownership outside Old Trafford ahead of the club’s opening game of the 2023-24 season.

Source: Al Jazeera : Timeline: The Glazers’ troubled ownership of Manchester United

Are Man Utd still in debt?

Man United’s staggering debt revealed – and it could cause takeover obstacle Manchester United owe a staggering £969.6 million through gross debt, bank borrowings and outstanding transfer fees. The club released their second quarter results to December 31, on Thursday, and the huge debts could provide an obstacle ahead of a possible,2 Sheikh Jassim and Sir Jim Ratcliffe are understood to be the leading contenders to buy Man United Credit: Getty Club chiefs are currently undergoing a ‘strategic review’ based on how to meet the club’s long-term capital investment needs.

This is centred on improvements to Old Trafford and the club’s Carrington training complex. But the amount owed to the club has risen due to changes in exchange rates. This has seen the sum rise to £535.7m from £477.1m this time last year. A cost of £227.7m is owed in outstanding transfer fees while £206.2m was taken from a rolling credit facility.

The club had £31m in cash, however the total amount remains just shy of £1bn. According to, the quoted figures are due to a ‘stretched’ financial situation which has begun to improve thanks to hefty matchday revenues and season ticket sales.2 Improvements to Old Trafford are high on the club’s priorities Credit: Getty posted profits of £6.3m for the quarter and revealed sponsorship revenue had increased by 43.2% for £50.4m over the previous three months.

Do the Glazers own 100% of Man Utd?

Do the Glazers really want to sell? – This is the question being asked by some of the groups with a potential interest in getting involved in the process with Raine Group. Having bought the club to become sole owners in May 2005, the Glazer family now own 69% of United due to some of the siblings diluting their shareholding in recent years.

Edward, Kevin, Bryan and Avram Glazer and their sister, Darcie Glazer Kassewitz, have all sold various percentages of their stake in United. Joel remains executive co-chairman alongside Avram, while Edward, Kevin, Bryan and Darcie continue to hold positions as directors on the club board. Sources have told ESPN that Joel is keen to retain his interest in United and take the club forward alongside a new partner, with Avram also prepared to the remain with his brother.

The four other Glazer siblings want to pursue a full sale. Neither Joel nor Avram possess the finances to buy out the rest of their family members, so the options available are to either attract a partner investor or sell the club completely. United’s supporters, through a number of anti-Glazer campaigns, have made it clear that they want the American family to sell up and leave Old Trafford, allowing a new owner to take full control. Manchester United has been run by the Glazer family since 2005, but many fans have protested against their ownership. Andy Barton/SOPA Images/LightRocket via Getty Images

Who owns most shares in Man Utd?

Top 10 Owners of Manchester United PLC

Stockholder Stake Shares owned
Lindsell Train Ltd. 21.00% 11,099,176
Ariel Investments LLC 12.29% 6,497,307
Eminence Capital LP 7.50% 3,964,174
Pentwater Capital Management LP 3.99% 2,110,000

Is PSG owned by Qatar?

FILE PHOTO: Paris Saint Germain owner Nasser bin Ghanim Al-Khelaifi. | Photo Credit: AP FILE PHOTO: Paris Saint Germain owner Nasser bin Ghanim Al-Khelaifi. | Photo Credit: AP Paris Saint-Germain president Nasser Al-Khelaifi said Saturday that he is not part of a potential Qatari-based bid to buy Manchester United. Speaking in Istanbul ahead of the Champions League final, Al-Khelaifi distanced himself from countryman Sheikh Jassim bin Hamad Al Thani’s proposed takeover of the storied Premier League club.

Paris Saint-Germain is my club, my heart and nothing to do with Man United,” he said of his Qatari-backed French club. On Friday it was reported Al-Khelaifi, who is also the chairman of the European Club Association, had played a “significant” role in talks over Sheikh Jassim’s attempt to buy out United owners, the Glazer family.

Al-Khelaifi said potential investors frequently seek his advice and that he would offer his opinion about United or any other club. He said he was approached at Formula One’s Miami Grand Prix by an investor considering bids for two unnamed English teams.

I’m not working for anyone. I want the best for football,” he said. “When this guy asked me, I tell him my opinion. So if they ask me my opinion I will answer them for sure and that’s what they do. Anyone, not just Man United. I will give them my experience that I have. That’s it.” UEFA has a rule designed to stop owners or businesses from having “decisive influence” over more than one club which qualifies for its European competitions.

The rule drafted 25 years ago aims to protect the integrity of games from owners with a conflict of interest on the field. Qatari banker Sheikh Jassim is competing with British billionaire Jim Ratcliffe for ownership of United, which was estimated to reach a sale price of as much as $6 billion.

  1. The Glazers announced in November that they were exploring “strategic alternatives” after owning the club since 2005.
  2. That included a possible full sale or minority investment.
  3. PSG is owned by Qatar Sports Investments and has spent exorbitant amounts of money on some of soccer’s biggest players like Lionel Messi, Kylian Mbappe and Neymar.

Al-Khelaifi added that he would welcome further Qatari ownership of European teams. “If within the regulation, why not? Everyone, not only Qatari, everyone,” he said.

Asked By: Adrian Reed Date: created: Nov 07 2023

Who is the owner of Man Utd Qatar

Answered By: Peter King Date: created: Nov 09 2023

Man Utd have a new Qatari owner! Sheikh Jassim reportedly set to complete £6bn takeover of club as Sir Jim Ratcliffe misses out | Goal.com UK Sheikh Jassim has reportedly won the race to takeover at Manchester United ahead of Sir Jim Ratcliffe.

Takeover has been slow processSheikh Jassim now set to complete purchaseGlazers will not retain any stake in United

WHAT HAPPENED? The saga has since the club was first put up for sale back in November. However, according to, the Qatari royal is poised to purchase the Red Devils for around £6 billion ($7.9bn). The report claims a date has been set for Jassim to take control, with the not being permitted to retain a stake in the club.

THE BIGGER PICTURE: Ratcliffe, a British billionaire, had been the Qatari bid’s main rival, though it’s believed that his proposal would have included the Glazers continuing to have shares in the club. AND WHAT’S MORE: Instead, Jassim will be completing a full takeover of United. It is said that he intends to invest in the club’s stadium and infrastructure, while continuing to improve the first-team playing squads.

IN THREE PHOTOS: Qib.com.qa Getty Getty WHAT NEXT? An announcement of the takeover could be made as early as next month as United enter what they hope will be a successful new era. 232005 Votes Results will be shared soon.

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48% Manchester City 16% Arsenal 13% Manchester United 13% Liverpool 5% Chelsea 6% Other

232005 Votes : Man Utd have a new Qatari owner! Sheikh Jassim reportedly set to complete £6bn takeover of club as Sir Jim Ratcliffe misses out | Goal.com UK

How much is PSG worth?

Paris Saint-Germain valued at over USD 4 billion Paris Saint-Germain has never been worth more. According to reports just published by Brand Finance and Forbes, Paris Saint-Germain is currently worth more than USD 4bn, consolidating the club’s position among the top 10 most valuable football clubs in the world in 2023.

Valued at between USD 4.2 and 4.8bn (equivalent to between EUR 3.8 and 4.2bn) by Forbes and Brand Finance respectively, Paris Saint-Germain remains one of the most attractive clubs in the world, rated fourth in terms of brand value by Brand Finance and seventh by Forbes. The club continues to grow at speed, with an increase of over 30% in a year (34% according to Brand Finance and 32% according to Forbes).

Paris Saint-Germain has closed the gap on the clubs ahead of it by recording the highest increase in the global top 20 over the last 12 months, continuing the trend of recent years that has seen the value of Paris Saint-Germain grow more quickly than any other elite football club, with only one global franchise outperforming it across the sports world as a whole.

In smashing through the USD 4bn barrier, Paris Saint-Germain has made history and broken new ground for a French football club, a performance made all the more remarkable by the fact that the club does not own its stadium. The Paris Saint-Germain brand is valued at EUR 1.132bn in the Brand Finance Football 50 2023 ranking, an increase of 10 per cent in a year and the third largest among the world’s top 10 football clubs.

Paris Saint-Germain Chief Revenue Officer Marc Armstrong said: “Paris Saint-Germain continues to cement its position as a global benchmark in football and the wider sports industry. Brand Finance and Forbes’ latest annual reports on the most valuable sports clubs and brands underscore Paris Saint-Germain’s rise to the top of world football and is due reward for the hard work piloted since 2011 by our Chairman and CEO Nasser Al-Khelaifi to build an iconic, international club on and off the pitch.

In becoming one of the most attractive clubs in the world, Paris Saint-Germain is making sure it has the resources it needs to continue pursuing its ambitions moving forward.” The value and appeal of the club are set to grow even further with the creation of its new training centre at Poissy, just outside Paris.

This new first-rate facility marks yet another step forward in the club’s development and its quest to build on its successes and remain a leader among the major sports franchises globally. : Paris Saint-Germain valued at over USD 4 billion

Will PSG owners sell?

PSG owner announces sale plans as FSG search for Liverpool investors PSG would be open to minority investment but their Qatari owners have no interest in selling up at the Parc des Princes with Liverpool also looking for a potential suitor PSG are open to minority investment owner Nasser Al-Khelaifi has revealed the French giants would be open to minority investment. The Parisians have been owned by the Qatar Sports Investment for over a decade, spending huge sums in that process, including a world-record transfer for,

  1. PSG have enjoyed huge success, cementing themselves as Ligue 1’s dominant outfit.
  2. Their Qatari owners have no interest in offloading the club, that have enjoyed huge commercial success, but would be open to offloading a percentage.
  3. We received an offer of more than 4 billion (euros) but we are not going to sell, of course, just a percentage of the club, we’ll think about it,” he told,

Inflation in football continues to rise at a rapid rate, which is underlined by the amount currently spent on player transfers. PSG, who were acquired in 2011, have seen their value skyrocket. Al-Khelaifi added: “We took the club at 70 million euros and today it’s over 4 billion euros.

  1. It’s a good project, We don’t do everything right, of course we’re not perfect.
  2. From where we bought the club I think we should be proud.” Al-Khelaifi, who has slammed the coverage of the World Cup in his homeland, also gave an update on the future of, who joined from 18 months ago.
  3. The Argentine has been linked with a move back to Spain as well as the USA, but the PSG chief is confident the player is happy in France.

“He is with us. He is a Paris Saint-Germain player and has a contract with us. He has a contract with us and we will see at the end of the season. He’s happy in Paris,” added Al-Khelaifi. Fenway Sports Group are currently looking for potential suitors for Liverpool ( Liverpool FC via Getty Images) Will PSG win the Champions League? PSG are not the only European heavyweight currently seeking investment with also on the market.

  1. The Reds, who have won the, the competition craved by the Qataris in Paris, are on the lookout for new owners with FSG ready to offload the club.
  2. The Americans have owned Liverpool for over a decade, enjoying notable success, but are now open to leaving Anfield.
  3. Are the most high profile team to change hands in recent years and their £4.25bn sale to a Todd Boehly-led consortium has put club owners on red alert.

Liverpool’s chairman Tom Werner has stated that, whilst John W Henry is looking to offload the club, there is no timeline for finding a buyer. He told the Boston Globe: “We’re exploring a sale, but there’s no urgency, no time frame for us, and as far as I’m concerned, it’s business as usual.

What is Man Utd worth?

Real Madrid retained top ranking on the latest Forbes football club rich list Manchester United place second with their value rising dramatically to £4.8bn Liverpool, Man City, Chelsea, Tottenham and Arsenal also make the top 10

Published: 08:44 BST, 1 June 2023 | Updated: 08:57 BST, 1 June 2023 Real Madrid and Manchester United are both worth over $6billion, with six of the top 10 ranked clubs on the latest Forbes football rich list coming from the Premier League, The business website values Real at $6.07bn with the reigning European champions hanging on to their top spot having increased their value by 19 per cent.

Forbes’ valuation of United rocketed by 30 per cent to $6bn from last year amid a scramble to take over the Old Trafford club, which was put up for sale by the Glazer family last November. Qatari banker Sheikh Jassim bin Hamad Al Thani and Sir Jim Ratcliffe’s Ineos Group have both submitted bids to buy United.

Real and United are the only two clubs to have ranked in the top five each year since Forbes began compiling the list in 2004. Reigning European champions Real Madrid retained top spot in the latest Forbes club rich list Manchester United are valued at $6billion amid a battle to take control of the club Sir Jim Ratcliffe (left) and Sheikh Jassim from Qatar (right) are vying to take control of United Despite well-publicised financial problems, Barcelona occupy third on the Forbes list with a 10 per cent increase in their valuation to $5.51bn,

The top 10 of the ranking features English clubs Liverpool, Manchester City, Chelsea, Tottenham Hotspur and Arsenal, as well as Bayern Munich and Paris Saint-Germain, in a reflection of Premier League wealth. All expect Chelsea have increased in value over the past 12 months, according to Forbes, with PSG’s soaring by 32 per cent.

They assess Liverpool’s valuation at $5.29bn and that of Treble-chasing City at $4.99bn, Forbes reported that the top 30 clubs on their list had an average value of $2.89bn, which is 14 per cent higher than in 2022. They said this rise wasn’t fuelled by revenue but by the higher sums buyers are paying for teams.

  • For example, a consortium led by the American businessman Todd Boehly paid £4.25bn for Chelsea last year after Russian owner Roman Abramovich was sanctioned by the UK government.
  • Spanish champions Barcelona rank third on the Forbes list despite their financial difficulties Manchester City are chasing a Treble of silverware this season and are valued at around £4bn Chelsea were the only club in the top 10 whose valuation didn’t rise after Todd Boehly’s £4.25bn takeover last year If United are sold for around the $6bn mark, this represents 7.7 times their revenue, driving up their overall valuation.

Newcastle United, who rank 22nd on the list, saw their value shoot up 51 per cent to $794m following their Saudi takeover. West Ham placed 15th, Crystal Palace 20th, Leicester City 23rd, Aston Villa 24th and Everton 25th on the list. Leicester’s valuation is expected to drop following their relegation from the Premier League to the Championship.

Asked By: Robert Torres Date: created: May 07 2024

Why won’t the Glazers sell Man United

Answered By: Isaiah Foster Date: created: May 08 2024

Robbie Jay Barratt – AMA/Getty Images The Glazer family reportedly will be taking Manchester United off the market after signaling a willingness to sell the iconic club last year, according to Jacob Leeks of the Mirror and Nick Harris and Alex Miller of the Daily Mail.

Per Leeks’ report, “The Americans opened up bidding for investment or even a full buy-out of the Red Devils last year, with Sir Jim Ratcliffe and Sheikh Jassim bin Hamad Al Thani quickly emerging as the frontrunners to take over from the much-hated Glazers.” He added that none of the offers came close to the “£6 billion valuation” ($7.55 billion) the family had placed on the club.

Ratcliffe’s offer reportedly would have left the Glazers as minority owners, per Harris and Miller, while Qatar’s Jassim was seeking to become the exclusive owner. “The Glazers are thick-skinned and won’t be influenced by any negative fan reactions,” a source close to the Glazers told Harris and Miller.

Evin Palmer 💙 @RealKevinPalmer The Glazer family were never selling Manchester United. It’s their cash machine. They strung everyone along for months and now they are pulling the plug on a takeover. United are stuck with them #MUFC Miguel Delaney @MiguelDelaney A great scoop and simultaneously totally unsurprising development – why would they sell? Football scratching the surface of its “profitability” https://t.co/BDjvvROUE1 Per both reports, the family will consider putting United back on the market in 2025, when certain conditions may lead to more favorable bids.

Harris and Miller cited an “uplift in TV rights revenues, the expansion of FIFA’s Club World Cup to 32 teams from 2025, which could be very lucrative, and the forthcoming 2026 World Cup” as factors in moving the selling process back to 2025. That edition of the World Cup will be hosted in North America, with the majority of the games being played in the United States, and could potentially “heighten the interest of American billionaires in football investments.

The Glazers think this may help them sell United for between £7 billion ($8.8 billion) and £10 billion ($12.5 billion).” Since the Glazers takeover in June 2005, United has won five Premier League titles and both the Champions League and Europa League one time apiece. United hasn’t won the league since the 2012-13 season, however, watching as neighbors Manchester City have emerged as England’s dominant force, with five of the past six titles and seven total Premier League championships since the 20211-12 campaign.

United’s 20 titles in the history of top-flight English football remains the most ever won by a club, one ahead of Liverpool and seven above Arsenal. But in recent years, clubs like City, Liverpool and Chelsea have seen far more success, both domestically and in Europe.

Have the Glazers put any money into United?

Manchester United Football Club is an English football club based in Old Trafford, Greater Manchester, The club was formed as Newton Heath LYR Football Club, the works team of the Lancashire and Yorkshire Railway depot in Newton Heath, in 1878. The club split from the railway company in 1892 and remained under private ownership for almost 100 years, changing its name to Manchester United after being saved from bankruptcy in 1902.

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The club was the subject of takeover bids from media tycoon Robert Maxwell in 1984 and property trader Michael Knighton in 1989, before going public in 1991; they received another takeover bid from Rupert Murdoch ‘s BSkyB corporation in 1998 before Malcolm Glazer ‘s stake was announced in September 2003.

By the end of 2003, Glazer had increased his shareholding from 3.17% to around 15%, which he almost doubled in the year up to October 2004. His acquisition of John Magnier and J.P. McManus ‘s 28.7% stake in May 2005 pushed his own up to around 57%, well over the 30% threshold that would force him to launch a takeover bid.

  • A few days later, he took control of 75% of the club’s shares, allowing him to delist the company from the London Stock Exchange, and within a month, the Glazers took 98% ownership of the club via their Red Football parent company, forcing a squeeze-out of the remaining 2%.
  • The final purchase price of the club totalled almost £ 800 million.

Most of the capital used by Glazer to purchase Manchester United came in the form of loans, the majority of which were secured against the club’s assets, incurring interest payments of over £60 million per annum. The remainder came in the form of PIK loans (payment in kind loans), which were later sold to hedge funds,

  1. Manchester United was not liable for the PIKs, which were held by Red Football Joint Venture and were secured on that company’s shares in Red Football (and thus the club).
  2. The interest on the PIKs rolled up at 14.25% per annum.
  3. Despite this, the Glazers did not pay down any of the PIK loans in the first five years they owned the club.

In January 2010, the club carried out a successful £500 million bond issue, and by March 2010, the PIKs stood at around £207 million. The PIKs were eventually paid off in November 2010 by unspecified means. In August 2012, as part of further refinancing, the Glazers sold a number of shares in Manchester United in an initial public offering (IPO) on the New York Stock Exchange (NYSE).

  • Some Manchester United fans opposed Glazer’s takeover of the club, particularly once they realised the level of debt that the club would have to take on after having been debt-free for so many years.
  • Disgruntled fans launched the football club F.C.
  • United of Manchester in 2005, which entered the North West Counties Football League and played in the sixth tier National League North from 2015 to 2019.

Since 2005, the Manchester United Supporters’ Trust has been working on a way of returning ownership of the club to supporters; in 2010, they met with a group of wealthy Manchester United fans – dubbed the “Red Knights” – to discuss a billion-pound takeover bid.

Asked By: Jesse Jones Date: created: Apr 25 2024

Do Glazers spend their own money

Answered By: Leonars Thomas Date: created: Apr 28 2024

The Glazers’ Man United money unpicked: Spending £2BILLION on transfers and upping the wage bill to £178,000-per-week per player – but they’ve STILL lost £345m and sent £167m to the shareholders.

Asked By: Elijah Wright Date: created: Dec 06 2023

How much do Glazers make a year

Answered By: Charles Evans Date: created: Dec 08 2023

Glazer Salary

Annual Salary Monthly Pay
Top Earners $48,500 $4,041
75th Percentile $43,000 $3,583
Average $38,224 $3,185
25th Percentile $31,500 $2,625

Are the Glazers good owners?

Why Manchester United fans are ecstatic Glazers may sell the club The billionaire Glazer family are considering putting Manchester United up for sale. For many Man United fans, that is extremely welcome news. list of 4 items list 1 of 4 list 2 of 4 list 3 of 4 list 4 of 4 end of list The Glazers’ ownership of the Premier League club has been deeply unpopular from the start, with the Florida-based family’s 17-year reign marred by fan protests, enormous debt and declining performance on the pitch.

Asked By: Aidan Bennett Date: created: Dec 03 2023

Who owned United before the Glazers

Answered By: Bernard Richardson Date: created: Dec 05 2023

Acquisition of shares and gaining control – The construction of Raymond James Stadium in Tampa, Florida was one of the first major changes made by the Glazers after their acquisition of the Tampa Bay Buccaneers, Following the Manchester United board’s search for new investors, the Glazers purchased their first tranche of Manchester United shares on 2 March 2003, spending around £9 million on a 2.9% stake, which they purchased through a holding company called Red Football.

On 26 September 2003, it was reported that they had increased their share to 3.17%, taking their shareholding above the 3% threshold that required them to inform the club’s management. There had already been considerable speculation about the possibility of a takeover of the club, either by the Glazers or by one of several other interested parties.

By 20 October, they had increased their shareholding to 8.93%, and on 29 November, it was reported that they owned around 15% of the club and had met David Gill, its chief executive, to discuss their intentions. On 12 February 2004, the Glazers increased their stake in the club to 16.31% and the following day’s Financial Times reported that they had instructed Commerzbank to explore a takeover bid.

  • The club’s share price increased by 5% that day, valuing the club at a total of £741 million.
  • The Glazers increased their shareholding to over 19% the following June, although they were still not the largest shareholders.
  • Their shareholding continued to increase, nearing 30% by October 2004.
  • Upon reaching 30%, they would have to launch a formal takeover bid.

In February 2005, over 400 Manchester United fans held a protest at Old Trafford against a potential Glazer takeover. On 12 May 2005, Red Football announced that it had reached an agreement with shareholders J.P. McManus and John Magnier to purchase Cubic Expression’s 28.7% stake in the club, which gave the Glazers a controlling stake with just under 57% of the club’s shares.

They then managed to secure the stake of the third-largest stakeholder, Scottish mining entrepreneur Harry Dobson, taking their share total to 62% of the club. By 13 May, the Glazers had bought a further 12.8% stake, taking their total ownership to 74.81%, just shy of the 75% threshold that would allow them to end the club’s public limited company (PLC) status and delist it from the London Stock Exchange,

On 16 May, the Glazers took their shareholding in Manchester United to 75.7%, and a month later, on 22 June, they removed the club’s shares from the stock exchange for the first time in 14 years. The Glazers’ shareholding increased gradually to 76.2% by 23 May, when they made their final offer of 300 pence per share, with a deadline of 3 p.m.

On 13 June. On 26 May, the Manchester United board wrote to the remaining shareholders indicating their intention to sell their own shares and advising the others to follow suit; in the same letter, chairman Sir Roy Gardner and non-executive directors Ian Much and Jim O’Neill offered their resignations.

On 7 June, Avram Glazer and his brothers Joel and Bryan were appointed to the Manchester United board as non-executive directors. Despite the board’s encouragement, the Glazers’ share in the club had only reached 97.3% by 14 June, short of the 97.6% threshold required for a compulsory buyout of all remaining shareholders, prompting them to extend the deadline on their offer to purchase the remaining shares until 27 June.

Asked By: Carlos Roberts Date: created: Aug 21 2023

What percentage of Manchester United do the Glazers own

Answered By: Horace Parker Date: created: Aug 23 2023

Do the Glazers really want to sell? – This is the question being asked by some of the groups with a potential interest in getting involved in the process with Raine Group. Having bought the club to become sole owners in May 2005, the Glazer family now own 69% of United due to some of the siblings diluting their shareholding in recent years.

  1. Edward, Kevin, Bryan and Avram Glazer and their sister, Darcie Glazer Kassewitz, have all sold various percentages of their stake in United.
  2. Joel remains executive co-chairman alongside Avram, while Edward, Kevin, Bryan and Darcie continue to hold positions as directors on the club board.
  3. Sources have told ESPN that Joel is keen to retain his interest in United and take the club forward alongside a new partner, with Avram also prepared to the remain with his brother.

The four other Glazer siblings want to pursue a full sale. Neither Joel nor Avram possess the finances to buy out the rest of their family members, so the options available are to either attract a partner investor or sell the club completely. United’s supporters, through a number of anti-Glazer campaigns, have made it clear that they want the American family to sell up and leave Old Trafford, allowing a new owner to take full control. Manchester United has been run by the Glazer family since 2005, but many fans have protested against their ownership. Andy Barton/SOPA Images/LightRocket via Getty Images

Asked By: Lucas White Date: created: Feb 16 2023

Which club owns Old Trafford

Answered By: Jason Hernandez Date: created: Feb 19 2023

Old Trafford

Owner Manchester United
Operator Manchester United
Capacity 74,310
Record attendance 76,962 (Wolverhampton Wanderers vs Grimsby Town, 25 March 1939)
Construction

Is PSG owned by Qatar?

FILE PHOTO: Paris Saint Germain owner Nasser bin Ghanim Al-Khelaifi. | Photo Credit: AP FILE PHOTO: Paris Saint Germain owner Nasser bin Ghanim Al-Khelaifi. | Photo Credit: AP Paris Saint-Germain president Nasser Al-Khelaifi said Saturday that he is not part of a potential Qatari-based bid to buy Manchester United. Speaking in Istanbul ahead of the Champions League final, Al-Khelaifi distanced himself from countryman Sheikh Jassim bin Hamad Al Thani’s proposed takeover of the storied Premier League club.

  1. Paris Saint-Germain is my club, my heart and nothing to do with Man United,” he said of his Qatari-backed French club.
  2. On Friday it was reported Al-Khelaifi, who is also the chairman of the European Club Association, had played a “significant” role in talks over Sheikh Jassim’s attempt to buy out United owners, the Glazer family.

Al-Khelaifi said potential investors frequently seek his advice and that he would offer his opinion about United or any other club. He said he was approached at Formula One’s Miami Grand Prix by an investor considering bids for two unnamed English teams.

  1. I’m not working for anyone.
  2. I want the best for football,” he said.
  3. When this guy asked me, I tell him my opinion.
  4. So if they ask me my opinion I will answer them for sure and that’s what they do.
  5. Anyone, not just Man United.
  6. I will give them my experience that I have.
  7. That’s it.” UEFA has a rule designed to stop owners or businesses from having “decisive influence” over more than one club which qualifies for its European competitions.

The rule drafted 25 years ago aims to protect the integrity of games from owners with a conflict of interest on the field. Qatari banker Sheikh Jassim is competing with British billionaire Jim Ratcliffe for ownership of United, which was estimated to reach a sale price of as much as $6 billion.

The Glazers announced in November that they were exploring “strategic alternatives” after owning the club since 2005. That included a possible full sale or minority investment. PSG is owned by Qatar Sports Investments and has spent exorbitant amounts of money on some of soccer’s biggest players like Lionel Messi, Kylian Mbappe and Neymar.

Al-Khelaifi added that he would welcome further Qatari ownership of European teams. “If within the regulation, why not? Everyone, not only Qatari, everyone,” he said.