No more Glazers? This person wants to buy Manchester United

Early today, Manchester United fans woke up to some very happy news for the first time in some weeks after Michael Knighton made public his intention of buying the club. Let’s remember this is not the first time he tries to purchase it. Back in 1989, he made a £20 million bid to buy the club and it was really close to being official, but the deal collapsed in the last minute.

Despite this, he ended up working at Manchester United as part of the board of directors for a while. Now he wants to try again to be the owner of The Red Devils once and for all after the fans have made several protests outside Old Trafford in the last year showing their discontent with the current owners: The Glazer family.

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The Glazers have been in charge of Manchester United since 2005 when Malcolm Glazer bought the club for £790 million and managed the club until he died in 2014. Now his family runs the institution as a family. However, they also own the NFL franchise of the Tampa Bay Buccaneers, which they have invested the most money in. it is also well known by fans that they take more money off the club rather than investing in it.

Why are fans tired of them?

When Malcolm Glazer was the sole owner, the club had some really good years with Sir Alex Ferguson as a manager. But ever since Ferguson left, the football club has been on a downward spiral. The overall value of Man Utd has dropped from $2.2 billion in 2012 to $1.88 billion today, as a consequence of the family selling 10% of their shares on the New York Stock Exchange according to Martyn Ziegler from The Times.