Glazer family members studying Manchester United stake sale, Bloomberg News reports

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June 3, 2026 6:30 PM EDT

FILE PHOTO: Soccer Football - Premier League - Manchester United v Manchester City - Old Trafford, Manchester, Britain - April 6, 2025 General view of a corner flag with the Manchester United emblem before the match REUTERS/Peter Powell/ File Photo

June 3 (Reuters) - Some Glazer ‌family members ​have been ​debating whether to sell their stake in Manchester United FC after more than two decades of ownership, Bloomberg ‌News reported on Wednesday, citing people familiar with the ⁠matter.

Several stakeholders in the U.S.-based billionaire family have been studying the possibility of ‌divesting part or all of ‌their holdings in the English Premier League football club, the report said.

The club's New York-listed shares were up 7% in extended ​trading.

The internal talks initially centered on stake sales by some individual family members, who are now trying to convince others ⁠to join them, according to the report.

Manchester United did not immediately respond to a Reuters ​request for comment, while the Glazer family could not immediately be reached.

The report on current deliberations comes more ​than two years after the family sold ‌a roughly 29% stake in the club to INEOS Group Chairman Jim Ratcliffe, giving the billionaire control ⁠of their soccer operations.

The Glazer family, who still owns a majority of the club, has faced strong criticism from fans for saddling the club ⁠with debt, overspending on players and putting off investments on infrastructure.

Ratcliffe has taken ​steps to revive United's fortunes, including cutting jobs and raising ticket prices.

After struggling to replicate the success the club enjoyed on- and off-the-pitch under Alex ‌Ferguson, United's third-place finish this season under Michael Carrick secured a berth in the Champions League for ‌the first time in two seasons.

United shares ended Wednesday at $21.11, valuing the ⁠Old Trafford club at $3.64 ‌billion, according to data ​compiled by LSEG.

(Reporting by Natalia Bueno Rebolledo and Mrinmay Dey in Mexico City; Editing by Arun Koyyur and ‌Shilpi Majumdar)


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