The news that Manchester United’s controversial owners, the Glazer family, could finally be selling the club has been met with delight from many of their supporters.
After saddling the club with huge debt and overseeing United’s worst trophy drought in 40 years, Sky News exclusively revealed the American owners are considering selling up after a 17-year reign dominated by fan protests.
But with a price tag reported to be anywhere between £5bn and £9bn, who could buy the club? Sky News looks at the possible contenders.
Sir Jim Ratcliffe
One of Britain’s richest men and – according to Forbes – with a net worth of $13bn (£10.9bn), Sir Jim Ratcliffe is a boyhood United fan and a proven investor in sport.
Sir Jim, the chairman and chief executive of chemical company Ineos, already owns French football club Nice and Swiss side FC Lausanne-Sport, as well as cycling team Ineos Grenadiers.
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He was unsuccessful in a last-minute £4.25bn bid to buy Chelsea in May, as American businessman Todd Boehly successfully acquired the London club
A source told Sky Sports News in August that Sir Jim was serious about purchasing United, and ex-players would be involved along with Grenadiers general manager Sir Dave Brailsford, a former performance director at British Cycling.
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In October, Sir Jim revealed he had met Glazer brothers Joel and Avram but was told then they were not interested in selling the club.
Image: Lord O’Neill was a leading figure in the Red Knights. Pic: Richard Gardner/Shutterstock
A group of wealthy United supporters known as the Red Knights were expected to make a bid of about £1.25bn for the club in 2010.
The group included former Football League chairman Keith Harris, then Goldman Sachs chief economist Lord O’Neill, and the hedge fund manager Sir Paul Marshall.
The proposed bid was put on hold after the group said media speculation of “inflated valuation aspirations” had hampered its plans.
Image: Avram Glazer (L) and Joel Glazer are considering selling Manchester United
They called for the Glazers to commit to reducing their combined stake in United to a maximum of 49.9% to “encourage a broader group of investors to consider ownership in the club in the future”.
Dubai’s sovereign wealth fund has been named in reports as a potential bidder for Manchester United.
It is yet to follow the likes of Abu Dhabi and Saudi Arabia in adding a Premier League club to its portfolio.
United’s local rivals Manchester City have enjoyed huge success on the pitch since being owned by Abu Dhabi’s City Football Group, while Newcastle United were bought by Saudi Arabia’s giant Public Investment Fund last year.
Image: Newcastle United fans celebrate the Saudi-led takeover of the club
However any investment from Dubai would raise ethical questions over the involvement of the United Arab Emirates, where homosexuality is illegal and, according to Amnesty, the government continues to commit serious human rights violations.
US private equity firm
There were reports in August that New York-based private equity firm Apollo were in talks about acquiring a minority stake in United.
Fans’ groups and Gary Neville were among those to voice their opposition, with the former United captain writing on Twitter: “The US model of sports ownership is all about significant return on investment… the ownership model in England needs to change and US money is a bigger danger to that than any other international money. We need a regulator asap!”
Former United players
Image: Gary Neville and David Beckham have invested in football clubs since retiring from playing
A host of former United players have experience of football club ownership and their involvement in a bid for United could prove popular with fans.
Members of United’s famous 1999 treble-winning squad Gary Neville, Phil Neville, Nicky Butt, Paul Scholes, David Beckham and Ryan Giggs are co-owners of League Two club Salford City, along with Singaporean business magnate Peter Lim.
Beckham also co-owns US side Inter Miami.
Michael Knighton
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Glazer family ‘has run out of road’
The former Manchester United director, who saw a £20m bid for United collapse in 1989, had recently been forming his own consortium to buy the club and claimed to have raised more than £3bn.
However Mr Knighton put his own ambitions to buy United on hold to back Sir Jim Ratcliffe to become the new owner and it is unclear if he would renew his interest.
Mukesh Ambani
One of India’s richest men with a reported net worth of $90.9bn (£76bn), Mukesh Ambani bought IPL cricket team Mumbai Indians in 2008 and has led them to several titles during his tenure.
The founder of Reliance Industries, the multinational conglomerate, was recently reported to be considering a takeover bid for Liverpool – after owners Fenway Sports Group said they were open to offers for the club – but his representative denied this, according to Indian media.
Elon Musk
Image: Pic: AP
The world’s richest person claimed he was “buying Manchester United” in a post on Twitter earlier this year, only to later clarify that he was joking.
With a net worth, according to Forbes, of $182.6bn (£153bn), Musk certainly has the funds to buy the club and has shown he is willing to go ahead with controversial takeovers through his $44bn purchase of Twitter.
However the Tesla and SpaceX boss’s turbulent start to his ownership of the social media platform may put off United and their fans.
Trade talks between the UK and the United States are “moving in a very positive way”, according to the White House.
President Donald Trump’s press secretary Karoline Leavitt spoke about the likelihood of the long-discussed agreement during a press briefing.
In Westminster, there are hopes such a deal could soften the impact of the Trump tariffs announced last month.
Leavitt told reporters: “As for the trade talks, I understand they are moving in a very positive way with the UK.
“I don’t want to get ahead of the president or our trade team in how those negotiations are going, but I have heard they have been very positive and productive with the UK.”
She said Mr Trump always “speaks incredibly highly” of the UK.
“He has a good relationship with your prime minister, though they disagree on domestic policy issues,” she added.
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“I have witnessed the camaraderie between them first hand in the Oval Office, and there is a deep mutual respect between our two countries that certainly the president upholds.”
Image: White House Press Secretary Karoline Leavitt said she was positive about a deal. Pic: AP
He was careful to not get ahead of developments, however, saying: “I think an agreement is possible – I don’t think it’s certain, and I don’t want to say it’s certain, but I think it’s possible.”
He went on to say the government wanted an “agreement in the UK’s interests” and not a “hasty deal”, amid fears from critics that Number 10 could acquiesce a deal that lowers food standards, for example, or changes certain taxes in a bid to persuade Donald Trump to lower some of the tariffs that have been placed on British goods.
Mr McFadden’s tone was more cautious than Chancellor Rachel Reeves’ last week.
She had been in the US and, speaking to Sky News business and economics correspondent Gurpreet Narwan, the chancellor said she was “confident” a deal could be done.
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‘We’re confident’, says Reeves
But she sought to play down fears that UK standards could be watered down, both on food and online safety.
“On food standards, we’ve always been really clear that we’re not going to be watering down standards in the UK and similarly, we’ve just passed the Online Safety Act and the safety, particularly of our children, is non-negotiable for the British government,” Ms Reeves said.
The government is being urged to end the “absolute scandal” of new homes being built without solar panels.
Doing so would cut both household bills and greenhouse gases that cause climate change, the Local Government Association (LGA) said in a new report.
Just four in 10 new homes in England come with solar power, according to separate figures from the industry body Solar Energy UK.
Although that is a significant three-fold increase over the space of a year, the LGA said making it mandatory would benefit bill-payers and the climate for years to come, saving people £440 per year.
The UK lags behind its neighbours in the European Union, which last year adopted new legislation demanding all new residential buildings come with solar panels from 2030.
Greenpeace UK called it an “absolute scandal that homes are built without rooftop solar panels in this day and age”.
Its campaigner, Lily Rose Ellis, said: “Given the soaring cost of electricity, our desperate need to cut planet-heating emissions, and the relatively low cost of installation to housebuilders, solar panels on all new builds should be mandatory.”
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Last year, Labour promised a “rooftop revolution” that would see millions more homes fitted with solar panels.
But they have been accused of wavering over proposals to make it mandatory, as it also courts the house-building industry to help it meet its target to build 1.5 million homes during this parliament.
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The LGA wants the government to allocate them long-term funding in the upcoming spending review so they can help the country meet net zero.
A spokesperson for the Ministry of Housing, Communities and Local Government said they plan to “maximise the installation of solar panels on new homes” in its long-delayed new regulations, the Future Homes Standard, due later this year.
The Home Builders Federation said “Moving forward, to meet the ever more challenging carbon reductions set by government, we will see solar on the overwhelming majority of new homes, albeit it is not appropriate in every situation.”
Electricity demand is also growing as the country switches to electric cars and heating, and builds more data centres.
All this requires more wind and solar farms, as well as 1,000 kilometres of new cables to carry the electricity from where it is generated – often a wind farm in the North Sea – to where it is used in urban areas far away.
In parts of the country like East Anglia, a row has been simmering over whether to run those cables overhead on pylons or, to protect countryside views, underground.
A hefty new report by the Institution of Engineering and Technology today weighed in on the debate, finding underground cables are on average 4.5 times more expensive than overhead lines.
Liam Hardy, head of research at thinktank Green Alliance, said: “Those costs need to go somewhere. They go on to all of our electricity bills. And of course, it’s the poorest in society for whom those bills make up a bigger percentage of their income.
He added: “What they want to see is value for money as we build out that clean infrastructure that we need.”
The government has promised communities disrupted by the new infrastructure that they should reap some of the benefits, including giving households near new pylons £2,500 off their energy bills over 10 years.
Marks & Spencer (M&S) has ordered hundreds of agency workers at its main distribution centre to stay at home as it grapples with the unfolding impact of a cyberattack on Britain’s best-known retailer.
Sky News has learnt that roughly 200 people who had been due to undertake shift work at M&S’s vast Castle Donington clothing and homewares logistics centre in the East Midlands have been told not to come in amid the escalating crisis.
Agency staff make up about 20% of Castle Donington’s workforce, according to a source close to M&S.
The retailer’s own employees who work at the site have been told to come in as usual, the source added.
“There is work for them to do,” they said.
M&S disclosed last week that it was suspending online orders as a result of the cyberattack, but has provided few other details about the nature and extent of the incident.
In its latest update to investors, the company said on Friday that its product range was “available to browse online, and our stores remain open and ready to welcome and serve customers”.
“We continue to manage the incident proactively and the M&S team – supported by leading experts – is working extremely hard to restore online operations and continue to serve customers well,” it added.
It was unclear on Monday how long the disruption to M&S’s e-commerce operations would last, although retail executives said the cyberattack was “extensive” and that it could take the company some time to fully resolve its impact.
Shares in M&S slid a further 2.4% on Monday morning, following a sharp fall last week, as investors reacted to the absence of positive news about the incident.