Manchester United

Glazers Reportedly Set £4bn Price Tag to Sell Manchester United Amid Fan Protests

The Glazer family have reportedly set a price of £4billion to sell Man United
The Glazer family have reportedly set a price of £4billion to sell Man United / Robbie Jay Barratt - AMA/Getty Images

The Glazer family has reportedly slapped a £4billion price tag on Manchester United, and they believe the mammoth tag could have been met had the Red Devils not pulled out of the European Super League.

The Glazers have come under intense pressure to sell the club over the last week following their involvement in the ESL. And according to the Mirror, the American owners, who purchased the club for £790m back in 2005, are willing to sell the club for £4billion.

The report adds that Joel and Avram Glazer are confident that their asking price would have met had the Super League not fallen apart. But the announcement of the ESL triggered strong negative reactions from the footballing community, causing United to withdraw from the league, along with a number of other Premier League clubs.

German newspaper Der Spiegel shared a few pages of a controversial document that detailed contracts signed by all 12 founding members of the European Super League, including the Red Devils. The report reveals that both Barcelona and Real Madrid would receive an extra €60million, more than their rivals, the right for each club to exclusively broadcast a number of matches, and a £130m fee for those wishing to withdraw from the competition.

Joel Glazer apologised for the club's attachment to the project in an open letter to United fans. He wrote: "In seeking to create a more stable foundation for the game, we failed to show enough respect for its deep-rooted traditions –promotion, relegation, the pyramid – and for that we are sorry,' he wrote on the club's official website.

"This is the world’s greatest football club and we apologise unreservedly for the unrest caused during these past few days. It is important for us to put that right."