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Manchester United Football Club could finally be sold by its American owners after a 17-year reign dominated by fan protests and declining on-pitch performance.

Sky News can exclusively reveal that the Glazer family is preparing to formally announce its intention to examine potential sources of outside investment that could include a full-blown auction of arguably the world’s most famous football club.

Sources said on Tuesday that investment bankers were being instructed by Manchester United‘s owners to advise on the process, which is likely to include a full or partial sale, or strategic partnership with third parties.

A statement confirming their intentions could come imminently, one of them said.

The announcement of a review of financial options that could include a sale process would signal an end to years of speculation over whether the Glazers might be persuaded to offload a club which for the past decade has experienced an almost-unmitigated footballing decline.

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The Old Trafford side 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.

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More recently, the club has become embroiled in a bitter legal fight with Cristiano Ronaldo, its best-known player, over an interview in which he questioned United’s ambition and lambasted the Glazers’ approach to owning it.

On Tuesday, United announced that Mr Ronaldo had left “with immediate effect”.

It remains possible that the family, which took control of United in 2005 in a £790m deal largely funded by debt, opt not to sell.

A partial sale to new investors, with capital being raised to fund an overdue redevelopment of Old Trafford, is one potential outcome from the process.

Manchester United fans protest ahead of the Liverpool match at Old Trafford in August 2022
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Manchester United fans protest ahead of the Liverpool match at Old Trafford in August 2022

The Glazers have acknowledged the need for new infrastructure investment to transform the stadium into a genuinely world-class venue, while substantial funds are also required to enable the men’s team to compete once more at the top of the European game.

If United was sold outright, it would be the latest top-flight club to change hands, after Roman Abramovich agreed a £2.5bn sale of Chelsea to a consortium led by the American businessman Todd Boehly earlier this year.

United’s valuation in a sale would inevitably exceed the roughly $2.15bn market capitalisation implied by its share price during Tuesday’s trading session on the New York Stock Exchange.

Reports in recent months have speculated that any transaction would need to value the club at anywhere between £5bn and £9bn to persuade the owners to sell.

The Glazers listed a minority stake in the company in 2012 but retained overwhelming control through a dual-class share structure which means they hold almost all voting rights.

For more than 18 months, the club has been promising to introduce a modestly sized supporter ownership scheme that would give fans shares with the same structure of voting rights as the Glazers.

The initiative has, however, yet to be launched despite a pledge to have it operational by the start of the 2021-22 season.

It was one of a number of commitments made by Joel Glazer, United’s co-chairman, in the wake of the European Super League (ESL) debacle, in which the club played a pivotal role.

Manchester United was one of six Premier League teams to agree to join the project, which collapsed within hours of its official launch amid public and political acrimony.

In May 2021, Red Devils fans forced the postponement of a home match against rivals Liverpool after protesting against the ESL and the Glazer family.

“Love United, Hate Glazers” has become a familiar refrain during their tenure, with supporters critical of a perceived lack of investment in the club’s infrastructure while the owners have extracted hundreds of millions of pounds-worth of dividends as a result of its continued commercial success.

If a formal sale process is initiated, attention will turn to the identities of potential buyers.

Sir Jim Ratcliffe, the Ineos billionaire who has supported United since childhood, said in August that he was keen to buy the club but has since suggested that English football’s elite names are overvalued.

Billionaires from around the world will be linked to bids, as will sovereign investors seeking to emulate the kinds of takeovers seen at Newcastle United – now owned by Saudi state-backed investors – and Paris St Germain, which is Qatari-owned.

There will also be speculation that the Red Knights, a consortium led by former United director and leading economist Lord O’Neill, could revive an attempt initiated in 2010 to take control of the club.

Significantly, the prospective auction of Manchester United comes as Fenway Sports Group, the owner of Liverpool, also weighs selling all or part of the Anfield club.

Simultaneous sale processes for two of English football’s so-called ‘big six’ – the others being Arsenal, Chelsea, Manchester City and Tottenham Hotspur – would be unprecedented.

One analyst said the timing suggested that some investors believed the value of top clubs could be approaching its peak, especially against a backdrop of tough global economic forecasts for the coming years.

United’s announcement is also likely to be made during a World Cup fuelled by Gulf petrodollars, underlining the shifting financing of the global football industry.

Manchester United declined to comment on Tuesday.

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Why Tommy Robinson rally was different to any other

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Why Tommy Robinson rally was different to any other

This was the biggest nationalist rally in recent memory – perhaps ever.

Well before the march started, thousands of people flowed over Blackfriars bridge, or came up from Waterloo station, flags everywhere, hailing from everywhere – from Yorkshire roses to the diamond of the Isle of Wight.

What exactly it was that “United the Kingdom” was left vague, for people to cheer their own particular cause.

This was billed as a free speech rally and the most common chants we heard were “Keir Starmer’s a w*****r”, “oh Tommy Tommy” and “we want our country back”.

That means different things to different people.

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As it happened: Thousands attend ‘Unite the Kingdom’ rally

Dawn, up from Southampton and wearing a red sequined jacket, said it was because the country was “getting overrun”. She said she was talking only about illegal migration.

Others didn’t draw that distinction.

Danny from south Birmingham was holding a sign that said: “Send them Back” – and said he was unhappy with migration “in general”. He came to “stand up for what we believe in, the religion and identity of our country”.

That’s been a difference with this rally compared to past ones I’ve covered – an overt Christian nationalism.

People carried wooden crosses. One person had a light up crucifix.

Protesters from the 'Unite the Kingdom' rally hold crosses. Pic: Reuters
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Protesters from the ‘Unite the Kingdom’ rally hold crosses. Pic: Reuters

When the crowd arrived at Whitehall, they were led from the stage in a chant of ‘Christ is king’. And then a public recital of the Lord’s Prayer shortly after that. It’s an important difference. Not just a flag to rally around, but a religion too.

At the centre of it all, the anti-Islam activist Tommy Robinson.

When Robinson took the stage, it was more like a football match or festival than a political rally.

“We rode the storm, we weathered the storm, and today we are the storm,” he shouted hoarsely.

Katie Hopkins and Tommy Robinson take part in the "Unite the Kingdom" rally. Pic: PA
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Katie Hopkins and Tommy Robinson take part in the “Unite the Kingdom” rally. Pic: PA

That’s not much of an exaggeration, not when Elon Musk, the world’s richest man, made a virtual appearance to back Robinson.

Other speakers included those who can be uncontroversially classed as far right. And thugs clashed violently with police.

And it’s clear that simply writing off protestors as far right doesn’t really capture what’s going on either. The audience is too broad to fit just that label.

The tinderbox summer of protest promised by activists never really caught flame. Instead, there has been the slow, steady burn of nationalism.

This was its culmination but also, those here hoped, the beginning of something even bigger.

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25 arrested and officers injured – as up to 150,000 people join ‘Unite the Kingdom’ march in London

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25 arrested and officers injured - as up to 150,000 people join 'Unite the Kingdom' march in London

There were 25 arrests in London on Saturday as up to 150,000 people turned up to join a march organised by far-right activist Tommy Robinson.

Protesters forming the “Unite the Kingdom” rally gathered in the centre of the capital, holding Union and St George’s flags.

They heard a series of speeches, including from Mr Robinson, who called it the “biggest freedom of speech” in British history.

Police estimated that between 110,000 to 150,000 attended the event, significantly exceeding the estimates of organisers.

Activists fly flags and carry wooden crosses during the 'Unite the Kingdom' march in London. Pic: Reuters
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Activists fly flags and carry wooden crosses during the ‘Unite the Kingdom’ march in London. Pic: Reuters

An anti-racism counter-protest, attended by about 5,000 campaigners, also took place, with the two groups clashing on Whitehall and Trafalgar Square, separated by lines of police.

There were 25 arrests made, with many more likely, the Metropolitan Police said, adding that officers faced “significant aggression” from “Unite the Kingdom” attendees.

“The violence they faced was wholly unacceptable,” police said.

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“26 officers were injured, including four seriously – among them broken teeth, a possible broken nose, a concussion, a prolapsed disc and a head injury.”

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Protesters clash with police

Police said the Robinson crowd was too big to fit into Whitehall and confrontation happened when police tried to stop them from encircling counter-protesters and accessing the area from different routes.

A spokesman said: “When officers moved in to stop them, they faced unacceptable violence. They were assaulted with kicks and punches. Bottles, flares and other projectiles were thrown.

“Nine arrests have been made so far for various offences, but many more people have been identified as committing offences. We will find them and they will face police action, even if it is not possible to do so today.

“Officers are continuing to face aggression in multiple locations, in particular at the north of Whitehall as they work to create a safe exit route for those who have been taking part in the Stand Up To Racism protest.”

Home Secretary Shabana Mahmood condemned “those who have attacked and injured police officers” during the protests, promising anyone taking part in criminal activity will “face the full force of the law”.

'Unite the Kingdom' protesters in Trafalgar Square. Pic: Reuters
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‘Unite the Kingdom’ protesters in Trafalgar Square. Pic: Reuters

Protesters in Whitehall. Pic: Reuters
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Protesters in Whitehall. Pic: Reuters

Activists take part in the March Against Fascism, organised by Stand Up To Racism. Pic: PA
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Activists take part in the March Against Fascism, organised by Stand Up To Racism. Pic: PA

Musk makes surprise appearance

Robinson live-streamed the rally on X, with its audience peaking at 2.9 million viewers on Saturday afternoon.

Making a surprise appearance via video link, tech billionaire Elon Musk called for a “change of government” in the UK.

“You can’t – we don’t have another four years, or whenever the next election is, it’s too long,” Musk told the crowd. “Something’s got to be done. There’s got to be a dissolution of parliament and a new vote held.”

TV presenter Katie Hopkins also spoke after earlier appearing alongside Robinson, Lawrence Fox and Ant Middleton at the front of the march.

Katie Hopkins and Tommy Robinson at the rally. Pic: PA
Image:
Katie Hopkins and Tommy Robinson at the rally. Pic: PA

‘Revolution has started – you can’t stop it’

With a voice which sounded hoarse from shouting, Robinson told crowds during his speech that “millions” had showed up for the rally.

“The dam has well and truly burst,” he said. “The cat is out of the bag and there is no putting it back in. The silent majority will be silent no longer.”

Addressing Sir Keir Starmer and the Labour government, Robinson said: “The revolution has started – and you can’t stop it.”

Referring to a Court of Appeal decision to overturn an injunction blocking asylum seekers being housed at The Bell Hotel in Epping, Essex, Robinson claimed UK courts found the rights of undocumented migrants supersede those of the “local community”.

He said: “They told the world that Somalians, Afghanis, Pakistanis, all of them, their rights supersede yours – the British public, the people that built this nation.”

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Sikh woman raped in ‘racially aggravated attack’ speaks out

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Sikh woman raped in 'racially aggravated attack' speaks out

A Sikh woman who was raped in a “racially aggravated attack” in the West Midlands says she “would never wish this on anyone”.

Police were called just before 8.30am on Tuesday after the woman, who is in her 20s, reported being attacked by two white men in the area around Tame Road in Oldbury.

The Sikh Federation (UK) said the perpetrators allegedly told the woman during the attack: “You don’t belong in this country, get out.”

The woman, who is entitled to anonymity as the victim of a sex offence, issued a statement through community group Sikh Youth UK.

Thanking everyone for their support, she said: “We are going through a lot, but the strength and kindness shown by the right people in the community has been incredible and I can’t thank them enough for being my voice.

“I would never wish this on anyone. All I was doing was going about my day on my way to work, and what has happened has deeply affected us.”

Calling her family her “rock,” she went on: “The police are doing their best to find those responsible, and I truly hope they are caught so that this doesn’t happen to anyone else.”

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She said she was “truly humbled” by the love and support she’d received.

She added: “I want to personally thank my family, Sikh Youth UK, who have been so supportive, the local Gurdwara committees and Sikh orgs, and everyone in my community who has stood by me. I cannot thank you enough for helping me get through this difficult time.”

An emergency meeting was later held at the Guru Nanak Gurdwara temple in Smethwick, a few miles from Oldbury, following concerns within the community.

Police are still trying to identify the perpetrators of the attack, which they say is being treated as “racially aggravated”.

Officers said CCTV, forensic and other enquiries are well underway, but have appealed for anyone in the area who may have seen the men, or have any further information, to contact the force.

One of the men is described as having a shaved head, of heavy build, and was reported to be wearing a dark coloured sweatshirt and gloves.

The second man was reportedly wearing a grey top with a silver zip.

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