Barclays Premier League

Glazers: Man Utd not for sale!

2012-10-23 17:46
Manchester United (File)

London - Manchester United's American owners, the Glazer family, have no interest in selling the club and intend to stay put for "many, many years", vice-chairperson Ed Woodward said on Tuesday.

The Glazers have long been the target of protests from United fans for saddling the club with debt since their 2005 takeover, and in August they ceded 10 percent of their shares in an IPO sale on the New York Stock Exchange.

However, Woodward said that the six siblings in the family remained committed to the club on a long-term basis.

"There is always interest in this business," he said.

"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 them (the Glazers) every day and the excitement they have in this club is undiminished and I don't see them selling completely for many, many years."

Nonetheless, Woodward did admit that one of the Glazers could seek to sell some of their shares in the future.

"They could. They are a family of six siblings and from time to time, seven to 10 years, who knows if one wants to sell a small piece or not?" he said.

United are preparing to open an office on the United States' east coast in a bid to exploit the growing interest in football in the country.

Woodward also revealed that India and Australia are among the countries United are considering as destinations for next season's summer tour.

NEXT ON SPORT24X

 

Read News24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Add your comment
Comment 0 characters remaining
Live Video Streaming
  • Blitz
    Mon, 24 Nov 2014 @00:00
  • SS1
    Mon, 24 Nov 2014 @01:00
  • SS2
    Mon, 24 Nov 2014 @02:00
  • SS3
    Mon, 24 Nov 2014 @03:00
Video Highlights
Sport Talk

Fixtures
08 August 2015
Manchester United v Tottenham Hotspur, Old Trafford 13:45
Norwich City v Crystal Palace, Carrow Road 16:00
Bournemouth v Aston Villa, Goldsands Stadium 16:00
Everton v Watford, Goodison Park 16:00
Leicester City v Sunderland, King Power Stadium 16:00
Chelsea v Swansea City, Stamford Bridge 18:30
09 August 2015
Arsenal v West Ham United, Emirates Stadium 14:30
Newcastle United v Southampton, St. James' Park 14:30
Stoke City v Liverpool, Britannia Stadium 17:00
10 August 2015
West Bromwich Albion v Manchester City, The Hawthorns 21:00
Logs
Team P W PTS
Vote

With the season all but done, are you happy with your side's performance?

 
 
/Sport
Men
Women
Love 2 Meet
Featured

Got something you'd like to get off your chest? Got a burning desire to air an opinion? If so, be sure to sign-up on Sport24's FORUM!

Latest blogs
 

Twitter Follow Sport24 on Twitter

Facebook "Like" Sport24's Facebook page

WIN Enter and win with Sport24!

BlackBerry Stay in the loop on your BlackBerry

iPhone Latest Sport24 news on your iPhone

RSS Feeds Sport news delivered really simply.

 
There are new stories on the homepage. Click here to see them.