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Man Utd owners set to sell club as Ronaldo’s contract is terminated

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SPORTS NEWS: Man Utd owners set to sell club as Ronaldo’s contract is terminated [New Sports News] » Naijacrawl
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Manchester United's owners, the Glazer family, could finally sell the club after 17 years in charge.



According to Sky Sports, this is because of fan protests and declining performances on the pitch.

The Glazer family is expected to formally announce its intention to examine potential sources of outside investment, which could include a full-blown auction.

Sources have claimed investment bankers were being instructed to advise on the process, which is likely to include a full or partial sale or a strategic partnership with third parties.

Manchester United’s share price immediately rose by 17% as a result, adding almost $400 million to the club’s market capitalization, according to football finance expert Kieran Maguire.

This news comes on the same day the club terminated Cristiano Ronaldo’s contract.

The club has decided to part ways with the 37-year-old following his explosive interview with Piers Morgan, in which he criticized the club and manager Erik ten Hag.

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Ojo Sunday Victor, A Professional Graphics Designer, and a skilled Content Writer in Entertainment, News and Sport Update.!An Undergraduate in Ladoke Akintola University of Technology (LAUTECH, Ogbomoso). Read More

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Transfer deadline: Man Utd could terminate Ronaldo’s contract for him to join Chelsea

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SPORTS NEWS: Transfer deadline: Man Utd could terminate Ronaldo’s contract for him to join Chelsea [New Sports News] » Naijacrawl
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Cristiano Ronaldo's contract with Manchester United might be terminated, so the player makes an unexpected switch to Chelsea.Dharmesh Sheth, a reporter for Sky Sports News, asserted this on Wednesday.Sheth claims that United would prefer to make Ronaldo, 37, a free agent rather than give the impression that they are selling him to their Premier League rivals."Man United wouldn't want to be seen to be allowing him to go to Chelsea, but if they mutually terminate the...
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Man Utd remove giant Ronaldo’s poster outside Old Trafford with player set to leave

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SPORTS NEWS: Man Utd remove giant Ronaldo’s poster outside Old Trafford with player set to leave [New Sports News] » Naijacrawl
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Manchester United have pulled down a giant mural outside Old Trafford that includes Cristiano Ronaldo.Ronaldo posed alongside some of the club’s iconic No. 7s as part of the "More than a shirt" campaign.But just days after he accused the Red Devils of “betraying” him and not believing his reasons for a late return to preseason, it has now been removed.Removal experts were seen on Wednesday taking the giant poster down, hours before the first part of his explosive in...
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NPL club owners elect new executive

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SPORTS NEWS: NPL club owners elect new executive [New Sports News] » Naijacrawl
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Rivers United General Manager Okey Kpalukwu has been elected Chairman of the Nigeria Premier League Club Owners Association.The election was held on Monday night in Abuja.Remo Stars owner Honourable Kunle Soname and Doma United owner Alhaji Suleman Umar were elected as the vice chairman for the Northern and Southern zones, respectively.Newly promoted Nigeria Premier League side Sporting Lagos General Manager, Godwin Enakhena, won the General Secretary position, whil...
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