Man United bracing themselves for takeover bid worth over £3 billion from Saudi Royal Family

Manchester United have gone seriously backwards in recent years.

Ever since Sir Alex Ferguson left in 2013, the club have gone on a downward spiral and have not come close to winning the Premier League.

David Moyes, Louis van Gaal, Jose Mourinho and now Ole Gunnar Solskjaer have been unable to address the club’s slide, with United currently sitting just outside the relegation zone.

But it’s not just the managers that have been blamed for the club’s downfall.

Ever since the Glazer family took ownership of the club in 2003, bringing a huge debt along with them, there have been a number of disgruntled supporters.

#GlazersOut has trended numerous times on social media as United fans have cried for them to sell the club.

But those that want the Glazers out may get their wish very soon.

That’s because the club has been the subject of numerous takeover bids from the Saudi Royal Family, according to the Mirror.

Mohammed Bin Salman has already had two bids to take ownership of the club rejected.

The second of those was worth over £3 billion.

But Bin Salman has not been deterred and it is believed United are preparing themselves for a third offer.

Co-owner Kevin Glazer recently put his 13% stake on the New York Stock Exchange, hinting that he is willing to sell his shares in the club.

Whether his five siblings are willing to do the same remains to be seen, but it’s possible that they could follow suit and sell their shares if they receive an offer they cannot refuse.

If they do choose to sell, the Glazer family would make a profit of around £2.5 billion, having brought the club for £800m 16 years ago.

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