Some shareholders have been studying divestment options, initially focusing on individual stake sales and gradually exploring broader participation from other family members.

Bloomberg notes that individual Glazer members may push for a sale and seek others’ backing, which could complicate a transaction if the family remains divided.

Jim Ratcliffe publicly apologized for past immigration remarks amid backlash and political pressure, including calls from Prime Minister Keir Starmer.

Ratcliffe has begun taking steps intended to revive United’s fortunes, including staff reductions and higher ticket prices.

United’s New York-listed shares rose about 7% in extended trading following the Bloomberg report.

Scrutiny surrounds Ratcliffe’s comments in relation to sponsorship and stadium plans, with local figures like Manchester Mayor Andy Burnham engaging on proposals for stadium redevelopment or replacement.

Manchester United’s owners, the Glazer family, are reportedly considering selling their stake after two decades, with internal discussions among family members about a potential sale.

Manchester United earned a Champions League spot by finishing third under Michael Carrick this season, marking the club’s return to Europe’s top competition after two years.

Ratcliffe has praised the Glazers for their commercial acumen and described a professional partnership with Avram and Joel Glazer, while acknowledging fan sentiment can complicate support.

Valuation context places Manchester United around a $3.6 billion market value, though the asking price would be higher due to Glazer voting rights embedded in their shares.

The potential sale would be the latest development since the 2024 sale of a 27.7% stake to Ratcliffe and INEOS, which gave him control of football operations while the Glazers retained majority stake.

Ratcliffe’s own stake could be affected if a sale proceeds, given his 27.7% holding and influence over football operations.