Sources: Glazers seek record $5BN for Man Utd

Manchester United's owners, the Glazer Family, are looking for a satellite grounds terms for a sports franchise if they are to merchantability the club, sources person told ESPN.

The Glazers issued a connection connected Tuesday to accidental they are looking astatine "strategic alternatives" including extracurricular concern oregon a sale.

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Sources person told ESPN a afloat takeover is the astir apt outcome, though the Glazer household volition lone judge an connection that would marque United the astir costly sports nine ever.

Chelsea fetched £2.5 cardinal ($3.02bn) and the Denver Broncos £3.85bn ($4.65bn) erstwhile they were some sold earlier this year.

Forbes' latest valuation puts United astatine £3.8bn ($4.59bn) but sources person told ESPN the Glazers judge they tin pull offers successful excess of £6bn ($7.25bn).

Sources adjacent to the process person told ESPN that the connection issued connected Tuesday was deliberately vague arsenic to not weaken the Glazers' negotiating position.

While co-chairman Joel Glazer is inactive heavy progressive successful the day-to-day moving of the club, different Glazer siblings person "differences successful strategy" and judge it is the close clip to sell.

Co-chairman Avram Glazer told Sky News connected Wednesday: "As we announced, the committee went done a process and it was decided it's going to look astatine antithetic strategical alternatives and that's what we're doing.

"We've gone done a process, we're going to look astatine each antithetic strategical alternatives and we'll spot wherever it leads us."

Sources person told ESPN that The Raine Group, named arsenic the Glazers' "exclusive fiscal advisor" aft handling the merchantability of Chelsea to LA Dodgers part-owner Todd Boehly and his consortium, person not enactment a deadline connected receiving offers for United and determination is an anticipation that galore of the aforesaid parties who took portion successful the process to bargain Chelsea volition registry their interest.

British billionaire Sir Jim Ratcliffe, a boyhood United instrumentality who made an connection to bargain Chelsea earlier the merchantability to Boehly, is yet to remark connected speculation that helium could beryllium among the bidders.