Mexico City /
Manchester United has been family owned since 2005 Glazer, when Malcolm decided to buy the club, but since then it has been controversial again, since fans do not want them in the team and it has become normal to see banners asking for their departure or green and yellow scarves, but maybe the pandemic of COVID-19 could bring about change.
Reds Devils announced that co-owner Avram Glazer listed 5 million shares, of which it could raise one hundred million dollars given the current value of each, which is $ 20.13.
As a result family percentage Glazer in the club will decrease from 78 to 74.9 percent, although it is expected that none of them Abram nor his brother Joel, the co-owner sells several shares and continues to control the team.
In addition to Avram and Joel, Kevin, Bryan, Darcie and Edward Glazer are club directors and the sale of shares will leave nothing to the whole of Old Trafford, as specified in a stock exchange statement new York.
” Manchester United you will not receive any proceeds from the sale of Class A ordinary shares by the selling shareholder ”, the text reads.