Man United Sold After Cristiano Ronaldo Exited

KOMPAS.com – The majority owner of Manchester United, the Glazer family, is ready to sell the club nicknamed the Red Devils.

The announcement of Man United being sold comes no more than a day after the club kicked Cristiano Ronaldo off Old Trafford.

Ronaldo and Man United parted ways on Wednesday (23/11/2022) in the morning WIB. While the official announcement of Man United being sold came out a few hours later.

“Manchester United plc (NYSE:MANU), one of the world’s most successful and historic sports clubs, has announced today that its Corporate Board of Directors has begun a process to explore strategic alternatives for the club,” read a statement from MU’s official website, Wednesday (23/11/2022). ).

Also read: 5 Prospective Clubs for Cristiano Ronaldo’s Goals After Separation from Man United

“The process is designed to enhance the club’s future growth, with the ultimate aim of positioning the club to take advantage of opportunities both on the pitch and commercially.”

“As part of this process, the Board will consider all strategic alternatives, including new investments into the club, sales or other transactions involving the Company,” they wrote.

Terms of Buying Man United

In the official announcement, Man United also provided criteria for potential buyers.

Also read: Cristiano Ronaldo Releases His First NFT Collection

The Glazers are willing to let go of Man United on condition that the new owner can develop the club.

Club development is not less than building stadiums and club infrastructure, starting from the academy to the continued development of football seeds.

On the other hand, the new owner can develop Man United globally.

“This will include assessing several initiatives to strengthen the club, including redevelopment of stadiums and infrastructure, and expansion of the club’s commercial operations on a global scale, each in the context of enhancing the long-term success of the club’s men’s, women’s and academy teams, as well as bringing benefits to the club. fans and other stakeholders,” wrote the Red Devils.

Also read: World Cup 2022: When Ronaldo Claims to Be Bulletproof…

Get updates featured news and breaking news every day from Kompas.com. Let’s join the Telegram Group “Kompas.com News Update”, how to click the link https://t.me/kompascomupdate, then join. You must first install the Telegram application on your cellphone.