With the Glazer family set to sell Manchester United after 17 years of ownership, the reason behind the sale has reportedly been revealed.
Man Utd Owners Announce Sale Plans After Ronaldo Exit
The Red Devils are the latest Premier League team to be placed on the market. On Tuesday, news broke that their long-time owners, the Glazer family, have put the club up for sale after an erratic time at the helm of the Mancunians.
The Americans' ownership has been heavily criticised by the club's fanbase, with many feeling the record Premier League champions having been in decline for the past few years. The last time United lifted silverware was in 2017, and frustrations around the club have reached a boiling point.
While the news that United are set to be sold may come as a surprise to many, the English side have been on the market for months now, according to The Independent.
Earlier this month, it was revealed that Liverpool are set to change owners as Fenway Sports Group declared their willingness to listen to offers for the Merseyside club. As per The Independent, that announcement subsequently created a domino effect that saw the Glazers go public with their intent to sell.
The Glazers are looking to sell to the same pool of suitors that might be interested in purchasing Liverpool, so in an effort not to create uncertainty, the billionaire family made their wish to sell United official this week.
Morocco Vs Croatia Ends In A Stalemate
The club's condition under the Americans was placed in the spotlight by Cristiano Ronaldo with comments he made during his controversial interview with Piers Morgan last week, with the Portuguese forward questioning the club's lack of progression since his initial departure for Real Madrid in 2009.
You must be SIGNED IN to read and post comments.
WATCH VIDEO: