Sources: Glazers seek record £6BN for Man Utd

Sources: Glazers seek record £6BN for Man Utd

Manchester United‘s owners, the Glazer Family, are looking for a world record price for a sports franchise if they are to sell the club, sources have told ESPN.

The Glazers issued a statement on Tuesday to say they are looking at “strategic alternatives” including outside investment or a sale.

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Sources have told ESPN a full takeover is the most likely outcome, although the Glazer family will only accept an offer that would make United the most expensive sports club ever.

Chelsea fetched £2.5 billion ($3.02bn) and the Denver Broncos £3.85bn ($4.65bn) when they were both sold earlier this year.

Forbes’ latest valuation puts United at £3.8bn ($4.59bn) but sources have told ESPN the Glazers believe they can attract offers in excess of £6bn ($7.25bn).

Sources close to the process have told ESPN that the statement issued on Tuesday was deliberately vague as to not weaken the Glazers’ negotiating position.