Manchester United is up for sale and there will be no shortage of interest.
It is understood that the Glazers would like to sell the club in the first quarter of the year, which means they will be hoping to make real progress in the coming weeks.
The American family issued a statement to fans to explain they had begun a process to explore strategic alternatives for the club.
Interest appears to be mounting and we can expect that to stem from America as well as the Middle East.
Earlier this week, Avram Glazer was spotted having a meeting in Qatar.
According to agent Jon Smith, talks over a potential sale are progressing with the club’s eventual valuation likely to be £5 billion or above.
“There is definitely going to be some big global movements which is one of the reasons why I think American investors will be looking to position themselves at some of the biggest clubs, Man United included,” Smith told Caught Offside.
“Their potential sale is still in the works. There’s a lot of American interest, but when it comes to valuation – I’d be very surprised if the eventual price didn’t begin with a number five.”
Smith doesn’t say anything about interest from the Middle East, which is interesting, but we find it hard to believe that there won’t be competition from that side of the world.
It goes without saying that we don’t want another American family like the Glazers.