Football

Glazers at Manchester United to stay

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The Glazer family are committed to running Manchester United long-term and have no intention to sell the club any time soon, according to a Red Devils' official.

Manchester United’s vice chairman, Ed Woodward, revealed the club had a lot of interest from people wanting to buy or invest

Though Woodward insisted the American owners are excited about the project and have long-term plans for them.

“It's a very popular business that people have interest in. The answer is not for sale,” he is quoted as saying by Reuters.

“The opportunities that we see going forward and the excitement that they have in this is undiminished. I don't see them selling completely for many, many years.”

The Glazers’ takeover of Manchester United in 2005 was met with much opposition by a significant proportion of the Old Trafford faithful, even prompting a breakaway from a section of fans to set up an new club – FC United of Manchester.

Despite may protests towards the new owners, Manchester United experienced one of their most successful ever periods in the 2000s, winning four Premier League titles, an FA Cup, a League Cup and a Champions League title, as well as two more final defeats to Barcelona.

Concrns over Manchester United's future were raised when the club posted a loss last year and failed to get the expected interest in their share flotation on the New York Stock Market earlier this year.

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Topics:
Football
Premier League
Manchester United

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