Glazer Family Engages in Takeover Talks with UAE Consortium for Manchester United

Manchester United is currently in advanced talks with a UAE-based consortium regarding a potential takeover from the Glazer family, who have owned the club since 2005 and are now open to selling after two decades. The Glazers recently sold a minority stake to Sir Jim Ratcliffe's INEOS group, but a full sale could force Ratcliffe out, as the consortium's offer might trigger a clause requiring him to sell or match it. Saudi Arabian official Turki Alalshikh sparked rumors of a Saudi takeover, but later clarified he was not involved, confirming the interested party is from the UAE, not Saudi Arabia. The discussions, described as serious by various sources, could significantly impact the club’s future ownership and management structure. Manchester United's diversified revenue streams and global fan base make it a valuable asset, with the Glazers reportedly valuing the club at over £5 billion. The ongoing negotiations reflect a pivotal moment amid fan protests and changing ownership dynamics at Old Trafford.