Manchester United co-owner Avram Glazer has spoken for the first time since announcing that the club may be up for sale.
Sky News tracked him down near his home in West Palm Beach, Florida, where he was asked why now was the right time to sell the club.
He said: “As we announced yesterday, the board has gone through a process and decided it will look at several strategic alternatives – which is what we are doing.
He echoed the answer to why the club had not been sold sooner, adding: “We’ll see where that takes us.”
The Glazers were reportedly furious over the comments and Ronaldo this week immediately left United by mutual consent.
But Avram Glazer refused to be swayed by the attacker’s claim – echoed by many fans – that his family “doesn’t care about the club”.
He told Sky News: “Well I’ll tell you about Cristiano Ronaldo – he’s a great Manchester United player, I appreciate everything he’s done for the club and I wish him the best of luck in the future.”
‘Process designed to promote club growth’ – Man Utd’s full statement
Manchester United plc (NYSE:MANU), one of the most successful and historic sports clubs in the world, today announces that the company’s board of directors (the “Board”) is beginning a process to explore strategic alternatives for the club.
“The process is designed to promote the club’s future growth, with the ultimate aim of positioning the club to capitalize on opportunities, both on the pitch and commercially.
As part of this process, the board will consider all strategic alternatives, including new investment in the club, a sale or other transactions involving the company.
This includes an assessment of various initiatives to strengthen the club, including the redevelopment of the stadium and infrastructure, and the expansion of the club’s commercial activities on a global scale, each in the context of increasing the long-term success of the gentlemen club, women’s and men’s leagues, academy teams, and benefit fans and other stakeholders.”
Man Utd sale Q&A: Who are the contenders? When can the Glazers leave?
City Editor of Sky News, Mark Kleinman, who broke the news that the Glazer family are open to selling Man Utd, and Kaveh Solhekol answer all your important questions.
Sir Jim Ratcliffe to bid for Man Utd
Sir Jim Ratcliffe will bid for Manchester United after the Glazers formally put the club up for sale The Daily Telegraph.
Ratcliffe, who is a United fan and attended the 1999 Champions League final, is one of Britain’s richest men and is reportedly serious about a new approach after reaching out to the Glazers earlier in August.
But it is said he is wary of overpaying for United, with insiders suggesting the Glazers are looking for a prize of more than £5bn.
The report also says Ratcliffe has experience dealing with broker Raine Group, who are reportedly pushing for a price that exceeds United’s natural value.
Ratcliffe, owner of Ineos, made a failed bid to buy Chelsea earlier this year.
Ratcliffe told the Financial times in October: “If it had been on sale in the summer, yes, we probably would have tried after Chelsea, but we can’t keep hoping that Manchester United will become available one day.”
Ratcliffe’s Ineos group already owns Nice in France and Swiss club Lausanne.