Although Manchester United supporters may be fervently hoping that the Glazers will sell their team, it will cost a lot of money for them to do so.
Since the Glazers took over United in May 2005—when the owners of the Tampa Bay Buccaneers used loans to purchase the team—the fans at Old Trafford have not been pleased.
Fans continued to demonstrate against American ownership even after United won the Premier League and the Champions League.
The team’s performance on the field, the Old Trafford facilities, and the club’s training facility have all declined in recent years without any investment from the owners, who continue to just pull money out of the organization.
Former United board member Michael Knighton, who famously performed keep-ups on the field before a game when trying to purchase the team in 1989, recently stated his desire to put together a group to purchase United from the Glazers.
The continuous commercial strength of the squad, despite recent results, is the rationale for the high valuation, therefore it won’t be cheap. Last year, reports claimed that they would only sell for £4 billion.
Fans’ displeasure with the ownership has only increased as a result of the team’s on-field performance, which has seen them lag behind rivals Manchester City and Liverpool both on and off the field.
Erik ten Hag’s team is currently last in the Premier League with zero points after being humiliated 4-0 by Brentford on Saturday.
Their upcoming match against Jurgen Klopp’s team a week from Monday, which is expected to witness additional demonstrations, doesn’t make things any easier for them either.
After losing to Brentford and Brighton in the first two game weeks of the new league season, the club certainly needs a boost.
Ten Hag is reportedly frustrated since he was only able to bring in three of the five new players he was supposed to bring in during the summer. Ten Hag is still desperately trying to bring in additional players.