Glazers ready to listen to Man United offers in excess of £5 billion according to reports.
The Glazers will take offers exceeding £5 billion into consideration, according to the Daily Mail.
However, it’s claimed that if tech behemoths like Apple, Amazon, and Google show interest, they’re aiming for an increase to £9 billion.
The Glazers announced their willingness to sell Manchester United in November.
And when asked about a potential takeover, Erik ten Hag seemed upbeat about the situation since he thinks the Glazers’ exit will provide him more money in the transfer market.
The Glazers are receiving guidance from The Raine Group over the potential sale, which was also involved in the sale of Chelsea earlier this year.
However, it is still unclear who will win the final battle to take over the ownership role at Old Trafford.
Although no bids have been submitted as of yet, it appears that the Glazers are anticipating visits from some of the top IT companies.
After 17 years of struggle under Glazer’s control, a complete takeover will elevate United to the next level.
The Red Devils have suffered significant losses as per financial reports from the first quarter of 2023.
Any new owner will have to deal with the losses while also providing a good bid to be accepted.