{"id":297765,"date":"2023-11-16T14:10:08","date_gmt":"2023-11-16T14:10:08","guid":{"rendered":"https:\/\/allmysportsnews.com\/?p=297765"},"modified":"2023-11-16T14:10:08","modified_gmt":"2023-11-16T14:10:08","slug":"glazers-face-backlash-with-man-utd-owners-set-for-big-fee-from-sir-jim-ratcliffe","status":"publish","type":"post","link":"https:\/\/allmysportsnews.com\/soccer\/glazers-face-backlash-with-man-utd-owners-set-for-big-fee-from-sir-jim-ratcliffe\/","title":{"rendered":"Glazers face backlash with Man Utd owners set for big fee from Sir Jim Ratcliffe"},"content":{"rendered":"

Seven Man Utd transfers Sir Jim Ratcliffe wants answers for as trio set for January exits<\/h3>\n

Manchester United\u2019s Glazer family owners are facing a new backlash as they are reportedly set to pocket around \u00a3650million when they sell their B shares to Sir Jim Ratcliffe. The Red Devils have been up for sale for a year, with Ratcliffe closing in on a deal to purchase a 25 per cent in the club in exchange for \u00a31.3billion.<\/p>\n

The Glazer family have owned United since 2005 but have become hugely unpopular among a vast amount of the club\u2019s supporters, with a string of protests being held at Old Trafford in opposition to the Americans\u2019 ownership.<\/p>\n

The family even decided to stay away from Sir Bobby Charlton\u2019s funeral on Monday as they reportedly didn\u2019t want to detract from the event. And their upcoming windfall is unlikely to be well-received by the frustrated fans who spend their hard-earned cash following the 13-time Premier League champions.<\/p>\n

According to The Telegraph, half of Ratcliffe\u2019s \u00a31.3bn will be handed to the Glazers, while the other half will go to non-Glazer shareholders. The B shares have 10 times the voting rights of the A shares, with Ratcliffe deciding to buy an equal proportion of each to avoid any risk of litigation from shareholders who may have felt short-changed.<\/p>\n

Click here to join our WhatsApp community to be the first to receive breaking and exclusive Man Utd news.<\/strong><\/p>\n

Read more… <\/strong> Man Utd could be left with just two players Ronaldo thought were ‘top pros’<\/strong><\/p>\n

<\/p>\n

United fan group The 1958, who have been behind many of the protests against the Glazers, released a statement ahead of Charlton\u2019s funeral saying it was \u201cno real surprise that no one from the Glazer family appears to have bothered paying their respects at the funeral of arguably our greatest ever player.\u201d<\/p>\n

And they added: \u201cThe Glazers have proved time and again they are alienated from the football club and fan base and this is just another shameful example. It is our opinion that they simply view Manchester United as a cash cow. They are not fit to be owners of the world\u2019s greatest football club, steeped in history and tradition.\u201d<\/p>\n