Glazers sale of club now ‘moving’ at Old Trafford

Manchester United have got things moving in regards to the Glazers’ potential sale of the club, as head coach Erik ten Hag looks for backing in the January transfer window for his squad at Old Trafford, CBS reporter Ben Jacobs has told GiveMeSport.

The Red Devils owners put the Premier League side up for sale in November, having bought the club 17 years ago.

Man Utd news – The Glazers

At a fans’ forum in December, Manchester United Chief Executive Richard Arnold insisted that the Glazers’ attempts to either seek new investment or sell the club will help build a successful team as well as fund the redevelopment of Old Trafford and their Carrington training ground.

The 51-year-old said (via Manchester Evening News): “When and in what form that investment comes remains uncertain, but I feel confident in saying it will be a positive process for the club because we all understand the capital needs that we have, in terms of redeveloping the stadium and training ground while continuing to build a winning team.”

The Red Devils have appointed The Raine Group – who led the sale of Chelsea to Todd Boehly last year – to oversee the process, with a deal potentially being in place before the end of the season.

Jacobs has previously told GiveMeSport that the Glazers are expected to want a majority sale of the club and the journalist now says that “things are moving” on that front.

What has Jacobs said about Man Utd?

Jacobs told GiveMeSport: “We have to wait and see whether the Glazers can lock in a sale and if that is a full sale or only a minority investment. Things are moving on that front. Any deal involving Manchester United, including their previous interest in Cody Gakpo, will be influenced by the fact that the club is up for sale.”

What next for Man Utd?

At the time of writing, ten Hag’s main focus will be to secure a place in next season’s Champions League via a top-four finish in the Premier League, as well as competing to achieve success in both the Europa League and the FA Cup.

The Dutchman will feel that he needs to be backed in the market, having seen a deal for PSV Eindhoven and Netherlands wide man Cody Gakpo fall by the wayside, after the forward secured a move to Liverpool.

The Red Devils are looking to make an attacking addition to the squad after the termination of Cristiano Ronaldo’s contract in November, with loan move’s for Atlético Madrid and Portugal’s João Félix and Burnley and the Netherlands’ Wout Weghorst amongst others being touted this month.

Therefore, ten Hag will be hoping that the Glazers can secure more investment as quickly as possible so that the former Ajax manager can be backed with top-class signings during 2023.

You can find all of the latest football news and rumours right here.

News Now – Sport News