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Man U board resurfaces debate of selling club as Ronaldo’s departure raptures fans.

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Man U board resurfaces debate of selling club as Ronaldo’s departure raptures fans.

BY WILFRED MUDANYA

Wilfred Mudanya by Wilfred Mudanya
November 24, 2022
in Sports
Reading Time: 3 mins read
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Man U board resurfaces debate of selling club as Ronaldo’s departure raptures fans.
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Executive co-chairmen and directors Avram Glazer and Joel Glazer OF Manchester United have resurfaced the discussion on seeking an alternative to ending the club’s everlasting woes. This debate resurfaces just hours after the club agreed to part ways with one of their historical goal-scorers, Cristiano Ronaldo on a mutual agreement.

“The strength of Manchester United rests on the passion and loyalty of our global community of 1.1 billion fans and followers. As we seek to continue building on the club’s history of success, the Board has authorized a thorough evaluation of strategic alternatives,” the joint statement read in part.

The statement added, “We will evaluate all options to ensure that we best serve our fans and that Manchester United maximizes the significant growth opportunities available to the club today and in the future. Throughout this process, we will remain fully focused on serving the best interests of our fans, shareholders, and various stakeholders.”

This debate last hit the streets about a year ago as the club owners felt there needs to be freshness added to the Theater of Dreams, home to the one of the most decorated clubs in the history of English football.

Since the departure of Sir Alex Ferguson, their former manager about a decade ago, the club has only managed to finish second on the table and failed to take part in the Champions League football, Europe’s highest level of football competition.

Sir Alex Ferguson poses with some of the trophies he won at Man U during his reign as head coach. Photo credit: courtesy

United has not won the Premier League title since 2013 and has sacked a succession of managers in the aftermath of the retirement of Sir Alex Ferguson.

This downward spiral of the club has left most fans bewildered and unsure about the future of the team which they say was the center of their happiness.

The contemplation to sell the club is such a huge development when you consider the fact that the Glazers, according to analysts. In their time since they took over in 2005, have always said when asked that they are completely committed to the Manchester United ownership model, and are committed to the future.

The Raine Group, which facilitated the sale of Chelsea to American billionaire Toddy Boehly over the summer, is acting as United’s exclusive financial adviser, with Rothschild and Co performing the same role to the Glazer family shareholders.

During the interview between Ronaldo and famous journalist, Piers Morgan which has, according to many analysts catapulted the recent development at the club, the Portuguese talisman said, “Nothing has changed at the club, we still havec the same technology I left many years ago.”

Now, the American owners in the Glazers family are willing to listen to offers for the club after a 17-year reign dominated by fan protests and declining on-pitch performance for a club valued at around £5bn.

A Manchester United statement confirmed plans to identify “strategic alternatives” and said the process will consider several options “including new investment into the club, a sale, or other transactions involving the company.”

Cristiano Ronaldo was born on 5th February 1985. He had played at 4 clubs as a professional footballer and on his National team. Cristiano Ronaldo as a professional footballer has played for 4 clubs, Sporting Lisbon, Manchester United(two spells), Real Madrid, and Juventus, and his national team. He started his career in Sporting Lisbon where he made his debut. He just scored 5 goals in 31 appearances for the club.

Sir Alex Ferguson, a coach at Manchester United then saw him playing and impressed him a lot so he signed him at Manchester United for 12 million euros. Ronaldo scored 145 goals in 346 matches for Man U in his two spells at the club. He won his first Champions League trophy at Manchester United and most notably his first Ballon D’or in 2008 defeating Lionel Messi and Fernando Torres.

In 2009, he joined Real Madrid where he scored 438 goals in 450 goals. He won four Ballon D’ors with the club in 2013, 2014, 2016, and 2017.

In 2018, he joined the Italian side in Juventus where he scored a total number of 95 goals in 119 appearances for the club.

CR7 has a total number of 700 club goals

The Portuguese striker has 5 Ballon D’ors on his name having won one with Man U and the rest at Real Madrid.

Cristiano Ronaldo parades off his Ballon D’or before a game while at Real Madrid Photo credit: courtesy

He has 60 hat-tricks in total the latest being that against Norwich City in the 2021/22 season for Manchester United. He is 5 hat tricks above his rivalry in Lionel Messi with 55.

Tags: 2022 world cupChelseaCristiano RonaldoFIFAFIFA World CupJuventusLionel MessiManchester cityReal Madrid
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