LAGOS, Nigeria (VOICE OF NAIJA) – Amidst takeover bids on the table at Manchester United, the Glazer family could reportedly end up staying at Old Trafford.
The American owners – who have been the subject of various protests down the years from disgruntled supporters – have opened themselves up to offers from interested parties.
However, they have always been eager to point out that fresh investment in United would be as welcome as a complete changing of hands.
With that, ESPN reports that American hedge fund Elliott Management have expressed interest in pumping funds into the Premier League outfit without taking control of them.
If they were to become involved with the Red Devils – having previously financed former AC Milan owner Li Yonghong – then Joel and Avram Glazer could remain in place at Old Trafford.
In a proposal by the Elliott Management, it is said to be for “possible financing, not a bid for the club” and they boast assets of $55 billion (£46m), which would allow them to become heavily involved in a team that is said to be on the market for between £5-6 billion ($6-7bn).
As the Glazer family explores “strategic alternatives” at United, they have at least two bids for complete control of the club on the table – which were made prior to last Friday’s deadline.