The Glazer family has been unpopular with supporters ever since a £790 million ($934 million) leveraged takeover in 2005 burdened the club with huge debts.
Manchester United’s owners said Tuesday they were ready to sell the club, potentially bringing down the curtain on an acrimonious 17 years under the Glazer family.
On a tumultuous day for the English giants, it was earlier revealed that star player Cristiano Ronaldo has left the club with “immediate effect.”
Weeks of turbulence appeared to have come to an end when United announced Ronaldo’s contract had been terminated by mutual agreement to bring to an end his second spell at Old Trafford.
That dramatic announcement was eclipsed just hours later by the news that the US-based Glazer family could also be on their way out.
“The board will consider all strategic alternatives, including new investment into the club, a sale, or other transactions involving the company,” United said in a statement.
The Glazers have been unpopular with supporters ever since a £790 million ($934 million) leveraged takeover in 2005 burdened the club with huge debts.
Frustration towards the Americans has only grown during a nine-year decline in results on the pitch since Alex Ferguson’s retirement as manager in 2013.
The Red Devils have not won the Premier League title since Ferguson’s final campaign in 2012/2013 and have failed to win any trophy since 2017.
