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corporate strategic

Manchester United Owner Exploring Strategic Options, Including Sale of Football Club

corporate strategic
Manchester United said on Tuesday it was commencing a process to explore strategic alternatives, including a new investment or a potential sale

KONTAN.CO.ID - NEW YORK. Manchester United said on Tuesday it was commencing a process to explore strategic alternatives, including a new investment or a potential sale, 17 years after the American Glazer family bought the English Premier League soccer club.

The Glazer family is working with financial advisers on the process, which could lead to a partial sale of the club or investments including stadium and infrastructure redevelopment, the club said in a statement.

Manchester United fans have been clamouring for a change of ownership and the Glazers have been the target of intense criticism as the team has gone five years without winning a trophy.

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