Avram Glazer breaks his silence on sale of Manchester United
>
Awkward Avram Glazer breaks his silence on putting Manchester United up for sale after a reporter tracked him down in Florida – tells angry fans he is looking at ‘strategic alternatives’ ahead of a big deal
- The Glazer family announced in a shocking announcement on Tuesday that Manchester United could be sold – worth more than £5 billion
- Statement said they would seek ‘strategic alternatives’ to the club which could mean outside investment or a full sale
- Sky News tracked down co-owner Avram Glazer as far as Florida and confronted him on the street in Palm Beach
- Glazer reiterated they would seek “strategic alternatives” in a “process”
- He also wished Cristiano Ronaldo well after his acrimonious departure from the club
- The Portuguese star was highly critical of the Glazers in a bombshell interview
Manchester United co-owner Avram Glazer has broken his silence after putting the club up for sale.
The 62-year-old spoke of finding “strategic alternatives” for the club and also thanked outgoing Cristiano Ronaldo for everything he has done for the club.
He was confronted on the street by a Sky News reporter in Palm Beach, Florida, following Tuesday’s shock announcement that the Glazers were inviting new investment at United and may be open to a sale.
They value the Old Trafford club at over £5 billion and it is expected that there will be a lot of interest in buying one of the biggest names in world football.
When asked why this was the right time, an awkward-looking Glazer replied, “As we announced yesterday, the board has gone through a process and decided it’s going to look at several strategic alternatives and that’s what we’re doing.”
Manchester United co-owner Avram Glazer has spoken publicly for the first time since the club was put up for sale, as the American owner looks to make a new investment or a total takeover.
Glazer, 62, spoke to Florida’s Sky News and confirmed that ‘strategic alternatives’ are being sought as to which club will see new owners at Old Trafford
When it was put to Glazer that most United fans believe his family should have sold the club years ago, he replied: “Again, we are going through a process, we will look at all the different strategic alternatives and we will see where it leads . U.S.
“I appreciate you talking to me tonight and I’m going to wish everyone a happy Thanksgiving.”
Asked about Ronaldo’s acrimonious departure, Glazer said: “I’ll tell you about Cristiano Ronaldo, he’s a great Manchester United player and I appreciate everything he’s done for the club and I wish him every success in the future.”
In a 333-word statement, it was announced late Tuesday night that the Glazers, who have owned United since 2005, are ready to invite outside investment or even sell it entirely.
The statement said that the club’s board is ‘initiating a process to explore strategic alternatives for the club…’. To strengthen the future growth of the club.’
The next paragraph explicitly states that the Glazers would consider all options, including “new investment in the club, a sale or other transactions.”
The statement also outlined that Raine Group, the New York-based investment bank, has been appointed as United’s “exclusive financial advisor.”
More to follow.
