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| Joel and Avram Glazer. |
The Glazer family remain the majority shareholders at Man United, despite selling a stake to Sir Jim Ratcliffe two years ago.
Some members of the Glazer family have been debating whether to sell their stake in Manchester United, according to a report from financial outlet Bloomberg.
The report claims several stakeholders in the Glazer family have been studying the possibility of divesting part or all of their holdings in the football club.
It outlines internal discussions initially centred on stake sales by some family members, who are now hoping to convince others to join them.
Bloomberg claims the Glazer family is split and hasn't reached a decision as a whole, with some opposed to a possible sale. This is not the first time the Glazer siblings have considered their ownership of United.
In 2023, United co-chairmen Joel Glazer and Avram Glazer explored the possibility of buying out their four siblings on the club's board to secure full control at Old Trafford, but nothing came of it.
A year later, the Glazers sold a minority stake to Sir Jim Ratcliffe, who initially acquired 27.7 per cent of the club before increasing his stake to 28.94 per cent after injecting a large cash sum into United. Ratcliffe assumed control of football operations as a condition of his investment.
The Manchester Evening News contacted United for comment, and a spokesperson directed the enquiry to the Glazers' communications department.
Joel and Avram remain invested in the running of United as executive co-chairmen, despite regular protests against their family's ownership. Their siblings Kevin Glazer, Bryan Glazer, Darcie Glazer Kassewitz and Edward Glazer are all directors on the board.
The Glazers have been majority shareholders at Old Trafford since 2005. United fans have protested against their ownership, and organised further protests targeting the Glazers and Ratcliffe last season.
The news of some Glazer siblings considering selling shares comes as United try to move forward in planning for a new 100,000-seater stadium, which is expected to cost in excess of £2billion.
Ratcliffe initially floated the idea of taxpayers partly funding the project, but that notion was rejected by politicians, and United have since confirmed that a new stadium will be financed privately.
When asked how the stadium would be financed privately, a United spokesperson said three months ago that the club continued to have positive conversations with potential investors and all stakeholders.
- Steven Railston
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