Glazer family make huge Man Utd announcement that could impact Liverpool takeover

Manchester United have been put up for sale by the Glazer family just weeks after Liverpool owners Fenway Sports Group announced the same.

Manchester United have been put up for sale.

The Glazer family, who have owned the Old Trafford outfit for 17 years, have confirmed they’re seeking investment - whether that’s a full sale, partial or strategic partnership with third parties.

The news comes little more than two weeks after Fenway Sports Group revealed that Liverpool have been put on the market.

The Reds and United are two of the biggest clubs not only in the Premier League but the world. Only a select few parties would have the funds to invest in either.

i reports that FSG’s decision to sell Liverpool has, in part, persuaded the Glazers to do similar.

United have been in decline since Sir Alex Ferguson left as manager almost a decade ago and the Glazers are much-maligned by fans. FSG, on the other hand, have restored Liverpool to the European elite and oversaw triumphs in the Premier League and Champions League - as well as two other European Cup finals.

A Man Utd statement said: “Manchester United plc, one of the most successful and historic sports clubs in the world, announces today that the Company’s Board of Directors is commencing a process to explore strategic alternatives for the club.

“The process is designed to enhance the club's future growth, with the ultimate goal 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 into the club, a sale, or other transactions involving the Company. This will include an assessment of several initiatives to strengthen the club, including stadium and infrastructure redevelopment, and expansion of the club’s commercial operations on a global scale, each in the context of enhancing the long-term success of the club’s men’s, women’s and academy teams, and bringing benefits to fans and other stakeholders.”