Gary Neville claims that despite receiving numerous bids to purchase the team, his “greatest concern” is that the Glazer family will continue to have ownership of Manchester United.
The Glazers stated last year that they would contemplate an investment or a complete sale of the team, and it has been reported that several bidders have expressed interest.
These include Qatari Sheikh Jassim Bin Hamad Al Thani and British billionaire Sir Jim Ratcliffe, the owner of Ineos.
Neville worries that the Glazers may not favour a full sale of Manchester United, which the present owners have reportedly valued at roughly £6 billion.
The former right-back for Manchester United believes that they may instead be looking for minority investments that would allow the group’s more active shareholders to maintain control at Old Trafford.
“I think what scares Man Utd fans most is the feeling this Man Utd ownership are running this process to drive a massive price up to try to somehow establish a level which means two of them can stay in and the rest of the family that want out can be bought out by an American fund who wouldn’t mind owning a minority or significant share but not the entirety of the share,” Neville told Sky Sports.
“That’s the biggest concern. The whole emphasis at this moment in time from Man Utd fans is this has to be the end of the Glazer ownership.”
“They’ve run out of money, they’ve not invested in the stadium… the fans want a new stadium, whether that’s Old Trafford refurbished or a new one rebuilt, we need new facilities.”
In 2005, the Glazer family completed its majority acquisition of Manchester United.
Since then, they have lost favour among the club’s fans.
Sheikh Jassim, chairman of one of Qatar’s biggest banks and the son of the nation’s former prime minister, is one of the confirmed bidders for the club.
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