Copyright manchestereveningnews
Edward Glazer, one of the five siblings who own a controlling stake in Manchester United , has revealed how the family agree on key decisions involving the football club. The Glazer family has retained a majority stake in the club since 2005, despite facing heavy-handed criticism from supporters for the millions of dollars of debt accumulated since their takeover. In 2024, Sir Jim Ratcliffe completed a deal to buy a 27.7 per cent stake in the club worth about $1.6billion (£1.25bn). As part of the agreement, the English businessman has taken control of football operations, with the help of Jason Wilcox and Omar Berrada. Earlier this season, a takeover frenzy emerged when Turki Al-Sheikh shared a social media post claiming the Reds were in 'advanced negotiations with a new investor' . On X, Al-Sheikh wrote: "The best news I heard today is that Manchester United is now in an advanced stage of completing a deal to sell to a new investor... I hope he's better than the previous owners ." He followed that up with: "My (yesterday's) post about Manchester United's potential sale meant one thing, the club is in an advanced negotiation phase with a new investor. "Just to clarify, I'm not the investor, nor are they from my nation. I'm posting this as a fan who wishes the deal to happen, though it might not necessarily happen." A complete takeover continues to be speculated around Old Trafford , though no concrete talks have been held. Back in April, Ed Glazer, the youngest sibling of the family, was asked about how they decide on things with the football club. Quizzed on what the thinking behind their decision to sell a quarter of United to Ratcliffe, he said when speaking to Kogod School of Business students in Washington : "I think that... We're a family business, and it was really a decision we made collectively. "Not every decision is six-nothing. But, ultimately, why we have been successful as a family business is that we've always kind of agreed that, if the majority of family members want to do something, we realise we are in a family business and we have to do it. "One day it might be something that I'm in favour of. The next day, it may be something I'm not in favour. It was a family decision [the minority takeover]." --- Here at The Manchester Evening News , we are dedicated to bringing you the best Manchester United coverage and analysis. Make sure you don't miss out on the latest United news by joining our free WhatsApp group. You can get all the breaking news and best analysis sent straight to your phone by clicking here to subscribe. You can also subscribe to our free newsletter service. Click here to be sent all the day's biggest stories. And, finally, if you would rather listen to our expert analysis then make sure to check out our Manchester is Red podcast. Our shows are available on all podcast platforms - including Spotify and Apple Podcasts - and you can also watch along on YouTube .
