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Man United confirm owners considering sale

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Manchester United has confirmed that its owners are considering a sale of the club.

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Man United confirmed this in a statement released Tuesday night, shared via its Twitter handle.

It read, “Manchester United plc, one of the most successful and historic sports clubs in the world, announces today (Tuesday) that the Company’s Board of Directors (the “Board”) is commencing a process to explore strategic alternatives for the club.

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“The process is designed to enhance the club’s future growth, with the ultimate goal of positioning the club to capitalise on opportunities both on the pitch and commercially.

“As part of this process, the Board will consider all strategic alternatives, including new investment into the club, a sale, or other transactions involving the company.

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This will include an assessment of several initiatives to strengthen the club, including stadium and infrastructure redevelopment, and expansion of the club’s commercial operations on a global scale, each in the context of enhancing the long-term success of the club’s men’s, women’s and academy teams, and bringing benefits to fans and other stakeholders.”

According to Man United, Executive Co-Chairmen and Directors, Avram Glazer and Joel Glazer said, “The strength of Manchester United rests on the passion and loyalty of our global community of 1.1 billion fans and followers.

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As we seek to continue building on the club’s history of success, the Board has authorised a thorough evaluation of strategic alternatives.

We will evaluate all options to ensure that we best serve our fans and that Manchester United maximises the significant growth opportunities available to the Club today and in the future.

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Throughout this process, we will remain fully focused on serving the best interests of our fans, shareholders, and various stakeholders.”

The Raine Group is acting as the Company’s exclusive financial advisor and Latham & Watkins LLP is legal counsel to the Company.

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Rothschild and Co. is acting as exclusive financial advisor to the Glazer family shareholders.

Man United added, “There can be no assurance that the review being undertaken will result in any transaction involving the company.
Manchester United does not intend to make further announcements regarding the review unless and until the Board has approved a specific transaction or other course of action requiring a formal announcement.”

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The United States-based Glazer family have owned United for 17 years but their reign has been marked by declining on-field performance and repeated fan protests.

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Ronaldo stripped of his World Cup goal by FIFA

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Ronaldo thought he’d opened the scoring against Uruguay when he leapt into the air to nod home a Bruno Fernandes cross in the 54th minute of Monday night’s clash.

The former Manchester United star timed his run to perfection and instantly celebrated the goal with teammates. But the ball did not appear to change trajectory from the moment he met Fernandes’ cross in the air.

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Instant replays showed the ball having barely made contact with his head. Only a few strands of the icon’s hair appeared to be grazed as the ball flew past Sergio Rochet and into the net.

And after several checks, the 37-year-old’s goal was chalked off and awarded to ex-Red Devils teammate Fernandes, with whom he celebrated both after the goal and following the final whistle.

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Transfer:Osimhen’s €100m price tag ‘crazy’ – Man United

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Manchester United manager, Erik ten Hag, is interested in acquiring the services of Nigerian striker, Victor Osimhen but the Red Devils have made it clear that they will not be meeting the €100m price tag that Napoli have slapped on their star striker.

Sky Germany reported that the English topflight club have made Osimhen one of their top targets, but they find the price tag Napoli have put on his head ‘crazy.’

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Osimhen is one of the most coveted forwards in Europe following his remarkable goalscoring exploits with Napoli over the past 18 months. The 23-year-old bagged 14 goals in 27 games last year and has already plundered nine goals in 11 matches this term for Luciano Spalletti’s side.

The Nigeria international contributed 18 goals in 32 games last season and Napoli can’t be blamed for demanding upwards of £80m for the 23-year-old.

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Osimhen has other admirers in the Premier League and there have been links to Tottenham Hotspur.

Italian transfer reporter Enrico De Lellis has told Calciomercato that Tottenham boss Antonio Conte is urging the club to sign Osimhen.

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It’s hard to imagine Tottenham spending £86m on a new striker, unless Harry Kane is on his way out, which is unlikely.

A number of Premier League sides were credited with an interest in Osimhen’s services in the summer, but United could firm up their interest in the wake of Cristiano Ronaldo’s abrupt exit from the club last week.

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Transfer: RB Leipzig striker, Nkunku To Officially Join Chelsea Next Year

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RB Leipzig striker, Christopher Nkunku will officially join Premiership side, Chelsea in June 2023 after the Blues already completed the medicals for the Frenchman, paying his €60 million release clause.

The French player has agreed on a long-term deal with the five-time premier league winners Chelsea. Nkunku scored 20 goals and recorded 13 assists last season in the Bundesliga. He has continued his impressive scoring rate with 12 games in 14 starts this campaign.

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However, the Frenchman who was part of the Didier Deschamps’ squad for the Qatar 2022 World Cup picked up an injury in training, which is now a big concern.

Meanwhile, Graham Potter is reported to have made the signing of Robert Sanchez a priority at Chelsea. Potter wants to reunite with the Spanish goalkeeper at Stamford Bridge as the English manager aims to bring reinforcements in that area.

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With Kepa struggling with injuries and Mendy falling down the pecking order, Potter needs a strong shot-stopper to fulfill the hopes of Todd Boehly.

In the same vein, Mason Mount has reportedly rejected a whopping offer of £200,000 a week from Chelsea, according to the Daily Mail.

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According to the report, Mounts wants to garner a salary worth £300,000 a week, which is close to his England teammate Raheem Sterling.

The 23-year-old is one of the lowest earners at Chelsea and therefore his demands look understandable considering the growth in stature at the club.

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