Manchester United fans have finally gotten something to be excited about.
The club have hit a real low ever since Sir Alex Ferguson retired as their manager in 2013 and now it looks like even the club’s owners – the Glazer family are in the process of moving out Old Trafford.
But unlike the exit of Sir Alex fans are not one bit upset with the Glazers leaving.
In May 2005, Malcolm Glazer purchased the 28.7 per cent stake held by McManus and Magnier, thus acquiring a controlling interest through his investment vehicle Red Football Ltd in a highly leveraged takeover valuing the club at approximately £800 million (then approx. $1.5 billion).
During the past month, there have been reports that the owners of the club were planning to sell off the club to a middle easter buyer and this news has suddenly picked up wind ever since Avram Glazer was seen in Saudi Arabia.
https://twitter.com/utdxtra/status/1063178079684698112
The primary reason why Avram Glazer was in Saudi was to speak at the Misk Global Forum at the Four Seasons Hotel in Riyadh.
But many claim that Avram Glazer took this opportunity to meet up with potential buyers.
Here are some reactions:
https://twitter.com/RMurray911/status/1062836000156725256
https://twitter.com/notkerouac/status/1063325028463271936
You guys better buy manchester united off the the glazers
— Shola (@sholyp2) November 15, 2018
https://twitter.com/hashlahiri/status/1062992936453976064
And this might be a reason to worry for a lot of other European clubs cause we know what can happen when a middle eastern owner decides to buy a club.
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