According to reports, the Glazers have decided to sell Manchester United for four billion euros, amid reactions from fans to the club’s inclusion in the European Super League.
The Red Devils owners took ownership of the club in 2005, when they bought the Premier League team for around € 800 million.
However, United co-chairs Joel and Avram Glazer have been met with criticism in their involvement in creating the European Super League.
Red Devils fans were seen burning the American flag outside Old Trafford on Saturday as they protested against the Florida-based family.
According to The Daily Mirror , Glazers’ € 4 billion price tag is based on the value they would have achieved if the European Super League had not been disbanded.
The Glazers, who also own the Tampa Bay Buccaneers, have been widely unpopular during their tenure at Old Trafford after United’s debt rose to close to € 430 million last May.
But United owners have shown little desire to sell the Premier League club, despite reports of a possible offer from Saudi Arabia’s Prince Mohammed bin Salman in recent seasons.
Mirror reports that city investors believe brothers Joel and Avram could leave United if a € 4 billion bid is submitted.
The newspaper added that ‘United’s unique heritage and commercial attractiveness’ are two important factors in Glazers’ stunning price. /Telegraph/