Sport

We shall not be moved: Malcolm Glazer will not sell Manchester United for ‘many, many years’, claims club chief

By Dean Wilkins

Billionaires interested in buying Manchester United should give up and stop wasting their time as the Glazer family will not sell the club for ‘many, many years’, according to the club’s vice chairman.

Malcolm Glazer bought the Reds for almost $1.5billion by accumulating shares between 2003 and 2005 and sparked attention from potential investors after deciding to sell 10% of their share on the stock market.

But the American tycoon, who also owns the NFL’s Tampa Bay Buccaneers, turned down interest from interested parties and Ed Woodward insisted that they are in it for the long haul – despite the club being saddled with nearly $860million debt.

“There is always interest in this business,” said the Chief of Staff. “It is a phenomenal brand and club, but they are not willing sellers at all, they won’t even engage, they are long-term investors.

“It’s a very popular business that people have interest in. The answer is: ‘not for sale’. I talk to [the Glazers] every day and the excitement they have in this club is undiminished and I don’t see them selling completely more many, many years.”

However he did admit that one of Glazer’s six children could sell their shares in the future.

He added: “They could – they are a family of six siblings and from time to time, seven to ten years, who knows if one wants to sell a small piece or not.”

Since the Glazer family have taken over at United, their international popularity has sky rocketed and lucrative deals with global businesses have upped.

Conglomerates such as AIG, Aon, Chevorlet, STC and bwin.com have all struck agreements with the club, but many fans have been left disgruntled with the spiralling debts and claim that the money is being filtered back into the Glazer’s interests rather the financing United.

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