Manchester United News

Glazers receive bad news that would force Man United takeover sooner than expected

Glazers are doing everything they can to stay with Manchester United until 2025, but with the latest news, they could be force to sell the team right away.

By Angus Barnes

Glazers are doing everything they can to stay with Manchester United until 2025, but with the latest news, they could be force to sell the team right away.

It is a fact that the Glazers are yet to make an important decision when it comes to the take over the team, but now with the latest news they could be force to do just that in the next few weeks.

There are some sources that believe that the Glazers would like to keep the Manchester United team until 2025, the reason being that they would like to wait and see if they can get an offer around 10 billion euros for the team, and while they are planning to do that, it seems that the market could force them to take some other decisions.

Manchester United recently signed the deal to get a new main sponsor for the kit, Snapdragon, and with this deal the red devils are set to receive a total of 65 million euros per year for the next ten years, and while there are some sources that believed this deal would help the Glazers, things have turned in another way.

The price of the Manchester United stock in the stock market has dropped again down to 19 dollars per stock, which is the lowest it has ever been, and while some sources expected for the arrival of the new sponsor to change things, it has not happened, and this could be because the financial situation of the Glazers seems so bad that not even that deal would be enough to change things.

With the news that Manchester United have already payed a total of 900 million euros in interest of the current debt that they have, that for the first time in history has gone above the 1 billion euros mark, it seems that the only thing that could save the red devils team at this point is going to be if the Glazers decide to finally sell the team.

Glazers salvation

And the other fact is that the only offer on the table that could save the Glazers and Manchester United is the one from the Sheikh Jassim, that is ready to pay the whole debt and bring some serious investement as well.

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