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Glazers 'waiting for right time to sell' Man Utd, ESPN report says

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๐Ÿ“ฐ ESPN reports the Glazers are waiting for the right time to sell Manchester United. It is not a confirmed decision. ๐Ÿ“Œ Key points ๐Ÿ’ฐ The family is waiting for the right time to cash in, per the report. ๐Ÿ“‰ There is said to be no market for Premier League buyers at present. โš–๏ธ Any buyer is likely to wait for Manchester City's appeal. ๐ŸŸ๏ธ A new Old Trafford could be a trigger for a sale. โœ‚๏ธ The Ratcliffe-era job cuts reportedly did not sit well with Joel and Avram Glazer. ๐Ÿ“ What happened ๐Ÿ“ฐ Football365 relayed ESPN's reporting on 27 October. Unnamed sources say the family is waiting for the right time to cash in. The body of the piece does not describe a confirmed sale decision, despite the headline. โš–๏ธ ESPN names two possible triggers: a new Old Trafford, which would lift the club's value, and City being removed from the league. City were found guilty on 114 of 115 Premier League charges and are appealing, so buyers are expected to wait for the outcome. ๐Ÿค INEOS bought 27.7% in February 2024 and took control of football operations. Cost-cutting has since cost more than 500 jobs and trimmed salary and transfer budgets, which ESPN says jarred with the co-chairmen. ๐Ÿ“Š By the numbers โ€ข INEOS stake: 27.7% (February 2024) โ€ข City: guilty on 114 of 115 charges, appeal pending โ€ข More than 500 jobs cut โ€ข United winless in eight after a 3-0 loss to Bournemouth ๐Ÿ”ญ Why it matters United are winless in eight, and the off-field picture is unsettled too. Any change of ownership depends on the City case and stadium plans, so it looks far from quick. United visit Chelsea on 31 October.

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