Exclusive: Glazers could agree Man United takeover after clause revealed
Manchester United co-owners the Glazers could be open to a sale once significant progress is made on the club’s new stadium project, sources have told Football Insider.
Sir Jim Ratcliffe purchased a 27.7 per cent stake in Man United in February 2024 after agreeing a £1.25billion deal with the Glazers.
The INEOS chief was selected as the preferred bidder ahead of Sheikh Jassim, who wanted to secure a full takeover but failed to provide proof of funds.
The Glazers’ drag-along rights in Man United came into effect on 13 August, allowing them to force Ratcliffe to sell his stake to a third party if a deal can be agreed.
Sources say the American family are unlikely to agree a sale in the near future, but they could be more open to a deal once progress is made on constructing the club’s new stadium.
How much could Man United’s new stadium cost?
Man United have announced plans to build a 100,000-seater stadium as part of the government’s regeneration of the Old Trafford area.
Ratcliffe has insisted he wants the new stadium, which the club believe will cost around £2billion, to be the “world’s greatest” and potentially be completed within five years.
However, finance expert Stefan Borson told Football Insider Man United could be facing a £4bn bill due to a rise in inflation.
Man United are continuing to source funding for their new stadium before getting the project underway.
Sources say significant progress on the development could lead to the Glazers assessing their takeover options again, with a new facility likely to increase the club’s value among potential investors.
How much of Man United do the Glazers own?
The Glazers, who bought a 98 per cent stake at Old Trafford in 2005, have since seen their shareholding diluted to 48.9 per cent.
Meanwhile, Ratcliffe has increased his stake in Man United to 28.9 per cent after injecting a further £238million since investing in the club.
The Manchester giants posted a club-record revenue of £661.8m in their latest published accounts for 2023-24 despite recording a net loss of £113.2m.
Ruben Amorim is looking to improve matters on the pitch this season after his side finished 15th in the Premier League table in 2024-25.
Man United have picked up four points from their opening three games of the campaign, with a derby clash against Manchester City coming up on Sunday (14 September).
For more Man United and exclusive news, follow us on Facebook or join our brand new WhatsApp Channel for instant updates to be sent straight to your phone.