Manchester United Co-Owner Fails Bid for Angel City
Manchester United Co-Owner Fails Bid for Angel City

Manchester United Co-Owner Fails Bid for Angel City

News summary

Avram Glazer, a co-owner of Manchester United, failed in his attempt to acquire a controlling stake in the National Women’s Soccer League club, Angel City, losing to Disney's Bob Iger and his wife Willow Bay. This loss follows Glazer's profit from selling a 25% stake in Manchester United to Sir Jim Ratcliffe, pocketing around $152 million. Angel City, valued at $250 million, will see an investment of over $50 million from Iger and Bay to take control from Alexis Ohanian. The club includes notable investors like Serena Williams, Billie Jean King, and former USWNT stars. Glazer's interest in Angel City comes amidst criticism of Manchester United's handling of their women's team, with potential changes expected at the club's training base for the upcoming season.

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