Manchester United co-owner Avram Glazer has issued an update on his family’s involvement with the Premier League side.
The Glazer family have been involved with United in some capacity since 2005, but following the partial takeover by INEOS two years ago, they’ve taken a step back from football operations.
However, it was announced on Wednesday that United’s revenues for the final three months of 2024 had dropped to £198.7million – a decrease of 12 per cent.
Across the same time period in 2023, their revenues had stood at £225.8m instead, whereas their operating profit for the year’s final financial quarter was £27.5m lower.
During an on-the-street interview with Sky Sports, the American businessman was asked if he or his family had any plans to sell up.
Walking out of what appeared to be a hotel, he replied: “I’m on my way to see the president right now I don’t think it’s appropriate to talk about it right now.”
After some insistence from the reporter, Glazer eventually responded: “No,” when pushed on their intentions to keep a stake in United.
MORE TO FOLLOW
We’ll be bringing you the very latest updates, pictures and video on this breaking news story.
For the latest news and breaking news visit: /sport/football. Stay up to date with all the big headlines, pictures, analysis, opinion and video on the stories that matter to you.
Follow us on Twitter @dexpress_sport – the official Daily Express & Express.co.uk Twitter account – providing real news in real time.
We’re also on Facebook @dailyexpresssport – offering your must-see news, features, videos and pictures throughout the day to like, comment and share from the Daily Express, Sunday Express and Express.co.uk.
