The Glazer family reportedly will sell Manchester United but only for an eye-watering £4bn, marking a sizeable return on their initial £790m investment.
“City investors believe a bid close to their £4 billion asking price would tempt brothers Joel and Avram (Glazer), who effectively run the club, to relinquish control”, the Irish Mirror said. Manchester United officials were not immediately available for comment on Saturday.
A small group of United fans gathered outside Carrington training ground on Thursday to protest against the Glazer family’s ownership as the backlash continued after their involvement in the breakaway European Super League.
United were bought by the American Glazer family in 2005.
The club has been listed on the New York Stock Exchange since 2012, but the Glazers retain majority ownership.
Meanwhile, Man United executive vice-chairman Ed Woodward will step down from his role at the end of 2021.
This article was most recently revised and updated 3 years ago