{"id":287569,"date":"2023-09-05T07:06:08","date_gmt":"2023-09-05T07:06:08","guid":{"rendered":"https:\/\/sportstoft.com\/?p=287569"},"modified":"2023-09-05T07:06:08","modified_gmt":"2023-09-05T07:06:08","slug":"gary-neville-reacts-to-claims-the-glazers-have-taken-man-utd-off-the-market","status":"publish","type":"post","link":"https:\/\/sportstoft.com\/soccer\/gary-neville-reacts-to-claims-the-glazers-have-taken-man-utd-off-the-market\/","title":{"rendered":"Gary Neville reacts to claims the Glazers have taken Man Utd off the market"},"content":{"rendered":"

<\/p>\n

Gary Neville has rubbished suggestions the Glazer family have taken Manchester United off the market and believes they are simply trying to secure a bigger price.<\/p>\n

Manchester United news, exclusives and analysis<\/p>\n

The club were put up for sale all the way back in November with Raine Group, the US merchant bank who managed Chelsea\u2019s sale, overseeing a process that saw Qatari banker Sheikh Jassim and Ineos founder Sir Jim Ratcliffe emerge as the two main bidders.<\/p>\n

But, despite multiple offers, neither party were prepared to go beyond roughly the \u00a36billion mark \u2013 a figure that falls someway short of the astronomical \u00a310bn asking price set by the Glazers.<\/p>\n

As such, reports have emerged claiming the family \u2013 who have owned the club for the past 18 years \u2013 have moved to end the sale process and will try again in a few years\u2019 time.<\/p>\n

But former United defender Neville is not convinced the Glazers are in a position to turn their noses up at the offers and has suggested the reports are simply their latest negotiating trick to try and exact a larger price.<\/p>\n

Asked about the reports that the Glazers have now taken United off the market, Neville told Sky Sports on Sunday: \u2018I just can\u2019t believe that it\u2019s true.<\/p>\n

\u2018I think it\u2019s part of the game-playing, that they\u2019ve been manipulating the stories for quite a long time now.<\/p>\n

\u2018I just don\u2019t see any way they can keep hold of the club in its entirety \u2013 I say entirety, they own 70% and the New York Stock Exchange is 30% \u2013 because they\u2019ve got no money!<\/p>\n

<\/p>\n

\u2018Everyone who sort of has a little bit of knowledge about the financial situation at the club [say] it\u2019s desperate.<\/p>\n

\u2018They keep putting it down to FFP [Financial Fair Play], they keep saying they can\u2019t bring players on board and stuff like that.<\/p>\n

\u2018They have obviously spent money and invested money this summer, but they have to bring money in and that will either be through a dilution, some sort of extra debt on the business \u2013 which no one can imagine because of the debt that\u2019s already on the business \u2013 or they sell.<\/p>\n

\u2018And I still think the most likely route is that they sell and that they\u2019re trying basically to bump the price up \u2013 which is a classic negotiation tactic of many.<\/p>\n

\u2018They don\u2019t panic so they stand strong, they don\u2019t rush, they\u2019re knowledgeable business people and know that the more they prolong this process they might get an extra quid or two out of it.<\/p>\n

\u2018Obviously it will be some extra money that they want, so I don\u2019t believe that story this morning. I can\u2019t believe it to be true, because they need money desperately into the club.\u2019<\/p>\n

For more stories like this,\u00a0check our sport page<\/strong>.<\/p>\n

Follow Metro Sport for the latest news on Facebook,\u00a0<\/strong>Twitter\u00a0and\u00a0Instagram<\/strong>.<\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Gary Neville has rubbished suggestions the Glazer family have taken Manchester United off the market and believes they are simply trying to secure a bigger […]<\/a><\/p>\n<\/div>","protected":false},"author":2,"featured_media":287568,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"class_list":["post-287569","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-soccer"],"yoast_head":"\nGary Neville reacts to claims the Glazers have taken Man Utd off the market - Sportstoft<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sportstoft.com\/soccer\/gary-neville-reacts-to-claims-the-glazers-have-taken-man-utd-off-the-market\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gary Neville reacts to claims the Glazers have taken Man Utd off the market - 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