Man Utd owner Avram Glazer 'holds talks during trip to World Cup' with would-be investors from Saudi Arabia and Qatar | The Sun
MANCHESTER UNITED co-owner Avram Glazer has held talks with potential investors from Saudi Arabia and Qatar during a trip to Doha, according to reports.
The Glazer family announced their intention to seek new investors for the club last month.
And according to The Athletic, co-owner Avram has been speaking to candidates from Saudi Arabia and Qatar in recent weeks.
The Raine Group – United's financial adviser – is aiming for a full sale by the end of the first quarter of 2023, with the club expected to be priced between £6billion and £7b.
But Avram Glazer has insisted that negotiations are progressing nicely.
He told The Athletic: "It’s not necessarily a sale, it’s a process and we’re going forward with the process, so we’ll see what happens.
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"That’s the update, it’s the process and the process is proceeding."
The Glazer family has owned a majority stake in Man Utd since 2005.
But, for the past decade they have been embroiled in a heated feud with United fans.
The Red Devils have not won any form of silverware since 2017, with supporters repeatedly accusing the family of failing to invest properly.
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Earlier this year, fans staged a huge protest calling for the Glazers to sell the club.
A crowd of supporters marched to Old Trafford with banners reading: "United for $ale" and "We want our club back".
And some even threatened to "Empty Old Trafford" ahead of United's huge Premier League clash with Liverpool.
Britain's richest man Sir Jim Ratcliffe initially expressed an interest in buying the club.
However, he recently admitted that it may not be possible.
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