OFFICIAL: Man United set to 'explore strategic financial alternatives' including 'a sale' of the club

OFFICIAL: Man United set to 'explore strategic financial alternatives' including 'a sale' of the club

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OFFICIAL: Man United set to 'explore strategic financial alternatives' including 'a sale' of the club

The Glazers are open to selling Manchester United, it was officially confirmed on Tuesday following an evening full of speculation.

A statement reads: "The board of directors is commencing a process to explore strategic alternatives for the club. The process is designed to enhance the club's future growth, with the ultimate goal of positioning the club to capitalize on opportunities both on the pitch and commercially. 

"As part of this process, the board will consider all strategic alternatives, including new investment into the club, a sale, or other transactions involving the company. This will include an assessment of several initiatives to strengthen the club, including stadium and infrastructure redevelopment."

While the statement is itself is quite vague, one thing is perfectly clear: for the first time in 17 years, the Glazers are ready to sell Man United.

The club is currently valued at about £3.9 billion, so the American family will probably expect an offer of at least £4 billion to leave Old Trafford.

Source: Manchester United Official

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