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Manchester United Is Set To Be Sold After 17 Years Reign By Glazers

Man Utd nearing an announcement According to Sky News, American owners are looking into financial options, including a direct sale; According to financial expert Kieran Maguire, United's share price increased by 17% immediately following the revelation, raising the club's market capitalization by about $400 million.

Sky News has exclusive knowledge that the Glazer family is getting ready to formally announce its intent to look into outside investment opportunities, which could include a full-blown auction of what is arguably the most famous football club in the entire world.

According to sources, Manchester United's owners have asked investment bankers to provide advice on the process, which is expected to involve a full or partial sale or a strategic alliance with third parties.

The disclosure of an assessment of financial options, which may include a selling process, would put an end to years of rumors about whether the Glazers might be convinced to sell a team that has suffered an almost continuous slide in football over the past ten years.

Since Sir Alex Ferguson's retirement, United has not won the Premier League championship and has fired a string of managers.

Content created and supplied by: Anatolianshepherd (via Opera News )

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