According to Manchester United’s Chief of Staff, Ed Woodward, the Glazer family have no intention of selling the club despite ongoing interest.
Since the IPO sale in August many rumours have resurfaced about their plans for United in the future. Was the sale of 10% of the Glazers’ shares the start of something big? No, that doesn’t seem to be the case because Woodward said they had no interest whatsoever in cashing in the rest of their holding.
However, Woodward admitted that he could not rule out one of the six Glazer siblings selling their shares at some point in the future: “They could – they are a family of six siblings and from time to time, seven to 10 years, who knows if one wants to sell a small piece or not.” Interesting inclusion to the interview seeing as an alleged argument occurred before the club was listed on the New York Stock Exchange and one of Malcolm’s sons apparently wanted out.
Woodward said: “There is always interest in this business. It is a phenomenal brand and club, but they are not willing sellers at all, they won’t even engage, they are long-term investors.
“It’s a very popular business that people have interest in. The answer is: ‘not for sale’. I talk to them [the Glazers] every day and the excitement they have in this club is undiminished and I don’t see them selling completely more many, many years.”
Woodward also claimed if Ferguson wants a player over 25-years of age, the board will give him the backing. Of course we needed to be reminded of this before Fergie himself comments on the lack of value in the market.
“If a top star who is over 25 comes along that Sir Alex wants, he’ll be supported. Every player that Sir Alex has gone after has been approved. We’re committed to making sure we have the best squad that we can have.”