No plans for Glazers to sell Manchester United
Ultimately, football fans on both sides of the Atlantic Ocean won’t be happy with this one.
The Glazer family, which owns the Tampa Bay Buccaneers and Manchester United, the English soccer powerhouse, has made it very clear it has no plans to sell the futbol club.
A statement from United’s board came following a quarterly financial update at the end of the season. Man-U fans have been furious with the Glazers as owners with the feeling there that they are not willing to spend to field the kind of team expected. It’s the same sentiment fans in Tampa Bay have after the Buccaneers have gone on the cheap for more than five years now.
The Glazers are in deep debt to own United and according to the Associated Press, a group has formed in an effort to buy out the Glazers but no bid has been submitted. The Glazers reportedly rejected a $2.2 billion offer last year. The team has about $1 billion in debt.
"The owners remain fully committed to their long-term ownership of the club,” United said in a statement. “Manchester United is not for sale and the owners will not entertain any offers."
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