Manchester United legend Gary Neville has given his views on the latest twist in the Glazers’ ownership of the club.
News emerged overnight from The Daily Mail that suggests a drawn-out sale process has been called off, with the American business tycoons not getting asking price matched.
That will come as a blow to long-suffering supporters, who previously had expectations that either Sir Jim Ratcliffe or Sheikh Jassim would be in place for the summer transfer window.
A club statement in November 2022 confirmed that the Glazer family were ‘exploring strategic alternatives’ for the club, and reports claimed they were seeking a sale in excess of £6billion.
Now the Mail reports that the process is on pause until 2025, when they think they could attract up to £10bn due to a number of factors, including TV revenue and the Club World Cup taking place in the US.
Former club captain Neville has long been a critic of the Glazers’ regime, and isn’t convinced by the latest news.
Writing on Twitter, he said: “I don’t believe the Glazers not selling/doing anything story.
“They have to do something. They’ve run out of money and the financial situation is desperate. They need investment in.
“They’re also having a toxic impact on the club from the inside out. The negligence continues for now but I don’t think it can go on without some action on raising funds.
“Also who would come in as a minority alongside them with the damage it would do to their reputation?”
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