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Glazers To Make Shock U-Turn On Man Utd Sale?

Glazers To Make Shock U-Turn On Man Utd Sale?

Manchester United fans call for the Glazers to leave the club amid reports they could stay on as owners.

The Glazer family could reportedly make a shock U-turn on their decision to sell Manchester United.

Confirmed: Qatari Billionaire Confirms Bid To Buy Man Utd

According to ESPN FC, the American family have been offered a chance to remain in charge of the 20-time English champions, despite having put the club up for sale.

American hedge fund Elliott Management have reportedly been in touch with the Glazers to propose a plan that would see them provide United's owners with financial backing.

It is understood that two formal offers for a takeover were submitted before the deadline last week, one from British billionaire Sir Jim Ratcliffe and another from Qatar Islamic Bank chairman Sheikh Jassim Bin Hamad Al Thani.

Both Ratcliffe and Sheikh Jassim are believed to be looking to become majority or sole owners of the club, although it is said the Glazers would be "keen to attract outside investment to help fund the modernisation of Old Trafford and the construction of a new training ground".

Elliott Management, meanwhile, is understood to not be looking to take over from the Glazers, but rather become an investor with a view to financing the day-to-day running of the club.

Greenwood's Man Utd Wages Revealed?

If a full sale cannot be achieved in the coming weeks, the hedge fund worth an estimated $55 billion (R995 billion) reportedly "offers an opportunity to negotiate investment for the existing owners".

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