Manchester United boss Erik ten Hag has claimed that the Glazer family selling Manchester United would be good for the Red Devils, largely because of the money it would free up for investing into the squad.
The Glazer family, who took control of the club in 2005, but have regularly leveraged debt against the club and taken dividends on an annual basis even as the team struggles.
And, as a result, the news that they were putting the club up for sale was well received by plenty among the Red Devils fanbase, and it appears that Ten Hag shares that view despite the club spending over £200m in his first summer in charge of the club.
“There will be more investment possible which is good”, he told BBC Sport.
He then added that he had spoken to club Chief Executive Richard Arnold, and had been reassured by what he had heard.
“We spoke about the culture we want, we spoke about objectives, goals and the culture and he confirmed it won’t change,” he said.
Erik Ten Hag applauds the fans after the UEFA Europa League match Manchester United vs Sheriff Tiraspol at Old Trafford, Manchester, United Kingdom, 27th October 2022
(Photo by Stefan Constantin/News Images) 2K9DBYY Erik Ten Hag applauds the fans after the UEFA Europa League match Manchester United vs Sheriff Tiraspol at Old Trafford, Manchester, United Kingdom, 27th October 2022
(Photo by Stefan Constantin/News Images) (Alamy Stock Photo)
📰 Table Of Contents
When will the Glazers sell?
The news that the Glazers were putting the Red Devils up for sale came almost a month ago, but there has as of yet been no moment.
Speaking on Thursday, Avram Glazer nonetheless claimed that “The process is proceeding”
“It’s not necessarily a sale — it’s a process and we’re going forward with the process, and so we’ll see what happens”.
It is rumoured that the Glazers are holding out for a record fee in order to sell the club, with their valuation of the Red Devils around the £5 billion mark.
Though the likes of Sir Jim Ratcliffe, tech giants Apple and several Saudi Arabian businesses have been linked, there has as of yet been no concrete offer lodged.