Sports

Former Manchester United chief Ed Woodward is in the frame to advise potential buyers of the club

RELATED: Former Manchester United boss Ed Woodward is on the verge of advising potential buyers after the Glazers announced their intention to sell – but his involvement could spark backlash from fans

  • The groups approached Ed Woodward with a view to buying Manchester United
  • The former United executive vice-president resigned from the board in February
  • The Glazer family announced their intent to sell this week
  • Woodward’s involvement in any bid could lead to a backlash from United fans
Read:LSU vs. Illinois State live stream info, TV channel: How to watch NCAAB on TV, stream online to day

Read:Wolves make QPR manager Michael Beale their top target to fill vacancy | Wolverhampton Wanderers

Former Manchester United executive vice-chairman Ed Woodward has been approached by groups seeking to buy the club, and asked to act as an advisor to their potential purchase.

Former banker JPMorgan is available to work on the deal after stepping down from United’s board in February, more than nine months after his resignation. He was initially retained in an advisory role at United, but is no longer under contract with the club.

The 51-year-old would be an invaluable sounding board for potential buyers, given he spent 17 years at Old Trafford and still has an excellent relationship with the Glazers, although his involvement in any bid could prompt a backlash from United supporters. .

Former Manchester United chairman Ed Woodward is in the process of advising potential buyers of the club

Woodward became a springboard for hostile fans unhappy with the Glazer family’s ownership towards the end of his time at the club.

His home has been attacked by protesters, with a frightening incident two years ago in which flares and smoke bombs were thrown at the family home in Cheshire.

Read:Liverpool and FSG know the truth about £100m Judd Bellingham as Jurgen Klopp faces a major turnaround

Woodward moved away from his accounting and banking careers to join United, after serving as an advisor to the Glazers when they bought the club in 2005.

After working in United’s commercial department, which made it the most lucrative in world football, he was appointed to the board of directors in 2012 before taking over the day-to-day management of the club the following year after David Gill’s retirement.

Glazer's owners (above) announced their intention to sell United earlier this week

Glazer’s owners (above) announced their intention to sell United earlier this week

In addition to his relationship with the Glazers, Woodward has been criticized for United’s perceived failures in the transfer market, with £1.22bn spent on new players in nine years and only £363m recouped in sales, not to mention their failure to win the transfer race. Premier League.

An ill-fated bid to join the UEFA Super League was the last straw, with Woodward announcing his resignation shortly after the project collapsed in April 2021.

He remains respected in financial and other footballing circles, with interested parties contacting him about bidding for United in recent weeks.

Apple was linked with a £5.8bn bid on Thursday in what would be the US tech giant’s first attempt at ownership of sports clubs, while Spanish billionaire and founder of clothing chain Zara, Amancio Ortega, is also talking to United about an offer.

Woodward resigned from his post nine months ago due to the Europa League fiasco

Woodward resigned from his post nine months ago due to the Europa League fiasco

The Saudi sports minister also called on organizations inside his country to bid on Manchester United and Liverpool after the Public Investment Fund bought Newcastle last year.

“I hope so, if there are investors and numbers increase and this makes good business,” Prince Abdulaziz bin Turki Al-Faisal told Sky News. Then the private sector can come, or companies can come from the kingdom.

“The English Premier League is the best in the world. It is the most watched league and there are die-hard fans of these teams in the Kingdom. So it will be beneficial for everyone.

The minister also wants to sign Saudi Arabia’s Premier League side Cristiano Ronaldo, 37, who was released by United this week after his sensational interview with Piers Morgan. “Who wouldn’t want him in their league?” He said.

Previous post
World Cup 2022: Wales – Iran: Game time and where to watch the 2022 Qatar World Cup match from the USA to day
Next post
Emily Blunt touches down in Sydney with her husband John Krasinski and their children