Steve Nicol thinks it's time for the family to give up control of the club. There is a delay of1:45. The family that owns Manchester United has said they are willing to sell the club. United said in a statement that they are "exploring strategic alternatives." The ownership of the club has been opposed by supporters due to the large amount of debt the club has incurred. Man United supporters don't like the Glazer's.
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The statement said that the board was starting a process to explore strategic alternatives for the club.
The ultimate goal of the process is to position the club to take advantage of opportunities both on the pitch and commercially.
All strategic alternatives, including new investment into the club, a sale, or other transactions involving the company, will be considered by the board.
Expansion of the club's commercial operations on a global scale will be assessed in the context of enhancing the long-term success of the club's men's, women's and academy.
On the same day that Manchester United announced that they had reached a "mutual agreement" with the player, there was another announcement. On the heels of last week's interview with Piers Morgan in which he blasted the club and its new manager for disrespecting him,Ronaldo has left.
If United were to be put up for sale, the price would be much higher than that paid for the club by a group led by Todd Boehly.
Jim Ratcliffe, a British billionaire, said in October that he would be interested in buying United, despite the fact that the club's owners did not want to sell.
The Raine Group handled the sale of Chelsea earlier this year.
The strength of Manchester United rests on the passion and loyalty of our global community of 1.1 billion fans and followers, according to a statement issued on Tuesday.
The board has authorized a thorough evaluation of strategic alternatives in order to continue building on the club's history of success.
We will evaluate all options to ensure that Manchester United maximizes the significant growth opportunities available to the club today and in the future.
We will serve the best interests of our fans, shareholders, and various stakeholders throughout the process.
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