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Man Utd takeover: How much Glazers would want to sell to Saudi and Turki Al-Sheikh - The Mirror


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Daily Mirror

Man Utd takeover: How much Glazers would want to sell to Saudi and Turki Al-Sheikh

The Glazers will not sell their stake in Manchester United on the cheap - and would demand a fee which is more than double the current club value to even consider selling up

The Glazers would consider offers of more than £5billion for their stake in Manchester United. Which is more than double what the English giants are worth on the stock market.


Speculation is mounting that Saudi billionaire Turki Al-Sheikh is launching a takeover bid for United - despite what United say. But Turki would have to start the bidding at around £5.2billion, to stand a realistic chance of persuading the Glazers to sell up.


The Floridian businessmen took control of United two decades ago in a £790m deal. United's current value stands at £2b. But the Glazers would demand a huge premium, which reflects a possible increase in the value of United in the future.


This would take into account how much United might be worth if the club completes plans to build a new state-of-the-art stadium.

And one option open to the Glazers is to sell part of their 48.9 per cent stake in United, in return for some significant investment from Saudi to help fund the building of the new stadium.

READ MORE: Man Utd's private response after Saudi chief Turki Al-Sheikh's takeover bombshellREAD MORE: Turki Al-Sheikh drops cryptic Man Utd takeover update and says deal is 'advanced'

United bosses announced plans in March to build a 100,000-seater stadium costing around £2billion, that would regenerate the surrounding area and be one of the best on the planet.


But it's understood United are nowhere near securing the finance required for the ambitious project. The Glazers rejected a takeover by Sheikh Jassim Al-Thani's Qatari consortium in 2024, selling 27.7 per cent of the club to Sir Jim Ratcliffe and his INEOS empire instead.

Ratcliffe paid £1.25billion and was allowed to take charge of football operations at Old Trafford. United announced record revenues of almost £670m in June, but have been forced to make significant staff redundancies and remain desperate for a cash injection.


United have refused to comment on a possible deal with the Suadis, while Ratcliffe insists he remains fully committed to the club.

The Glazers remain engaged with the club on a daily basis. But there is nothing to stop them from negotiating a sale of their stake in the club, without the knowledge of other shareholders.

Turki, who is heavily involved in boxing, snooker, golf and UFC, took to social media to claim United were in an 'advanced stage' of completing a deal to sell to a new investor'.

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