The Glazers put the club up for sale, and David Beckham is open to talks about buying Man United. Following the Glazers’ announcement that they are prepared to sell Manchester United, David Beckham is reportedly open to speaking with prospective buyers.
Beckham is unable to support the Old Trafford club on his own, but he might be able to do so as a member of an investment group because potential buyers may want to partner with the legendary player to increase their chances of acquiring United.
The Glazers, who paid £790 million for Man United in 2005, put the Old Trafford team up for sale on Tuesday. According to Mirror Football, the family wants to sell for up to £8 billion, which would be more than Todd Boehly paid for Chelsea ($2.5 billion).
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According to The Financial Times, a prospective buyer is drawn to Beckham because of his familiarity with Manchester United supporters and hopes to enlist his support in order to purchase the team.
Investors with an interest in buying Man United have previously approached Beckham. These negotiations stalled, but now that the Glazers have decided to sell, there is some hope.
Beckham stated “there are changes to be made and changes that are happening” at Man United in an interview with Sky Sports in May.
Added him: “Few teams have experienced what they have in recent years and are still able to draw large crowds to their stadium. Changes are coming.”
Sir Jim Ratcliffe, a British billionaire and lifelong supporter of Manchester United, is prepared to make a bid to purchase the club after his unsuccessful attempt to do so in the summer. Last season, he attempted and failed to purchase Chelsea.
One of the richest men in the world, Ratcliffe is the owner of the petrochemical giant Ineos.
The Red Knights consortium, led by Lord Jim O’Neill, who tried unsuccessfully to buy the Glazers out in 2010, and US-based Harris Blitzer Sports Entertainment are also interested in buying the team.
Although the entire Glazer family has agreed to sell the Old Trafford club, co-chairman Joel reportedly has second thoughts about giving up control.
It is believed that his siblings and fellow board members persuaded him that the best time to leave in order to maximize profit is right now.
Any potential owner has been urged by the Manchester United Supporters’ Trust to prioritize the Red Devils over their financial requirements. Beckham being a potential buyer for the club as part of a consortium would undoubtedly be appealing to supporters.
Any potential new investor or owner must be dedicated to the club’s culture, ethos, and highest ideals.
To restore United to its former glory, they must be willing to make an investment, and that investment must be genuine new money spent on the playing side and the stadium. Any new ownership structure must also incorporate supporters.
“The greatest asset of Manchester United and the key to discovering any football club’s true worth are its supporters. The two parties involved must be on an equal footing, sharing ownership and working toward the same objectives.”