Manchester United's owners the Glazer family will explore a sale of the club as part of a process aimed at enhancing the club's future growth.
The club confirmed on Tuesday it is "commencing a process to explore strategic alternatives".
A statement from Manchester United PLC read in part: "The process is designed to enhance the club's future growth, with the ultimate goal of positioning the club to capitalise on opportunities both on the pitch and commercially.
"As part of this process, the board will consider all strategic alternatives, including new investment into the club, a sale, or other transactions involving the company.
"This will include an assessment of several initiatives to strengthen the club, including stadium and infrastructure redevelopment, and expansion of the club's commercial operations on a global scale, each in the context of enhancing the long-term success of the club's men's, women's and academy teams, and bringing benefits to fans and other stakeholders."
United also confirmed The Raine Group, which oversaw the sale of Chelsea by Roman Abramovich, is acting as the company's exclusive financial advisor and Latham & Watkins LLP is legal counsel to the company.
Meanwhile, Rothschild and Co. is the exclusive financial advisor to the Glazer family shareholders.
United fans have long since called for the Glazers to sell, angered by the club's apparent lack of direction and distinct struggles in replicating past glories under Alex Ferguson.
The Red Devils have not won the Premier League since the 2012-13 season and have not won a trophy of any kind since their 2016-17 EFL Cup and Europa League double with Jose Mourinho at the helm.
United also attracted significant ire by initially agreeing to join a breakaway group of major continental clubs aiming to form a European Super League in 2021, with the widespread backlash leading to the plans being scrapped.
The club stressed, however, that Tuesday's announcement does not necessarily mean the end of the Glazer era.
"There can be no assurance that the review being undertaken will result in any transaction involving the company. Manchester United does not intend to make further announcements regarding the review unless and until the board has approved a specific transaction or other course of action requiring a formal announcement," the statement concluded.
Championship run-in: Where the top four stand in race for automatic promotion
The battle for automatic promotion from the Sky Bet Championship continues to intensify as Leeds moved into the top-two with a nail-biting win over Middlesbrough on Monday.
Leaders Leicester sit just two points ahead of third-placed Ipswich and the Foxes take on Southampton tonight, where defeat for fourth-placed Saints would all but end their automatic hopes.
Here, the PA news agency takes a look at the remaining weeks of an increasingly tense Championship run-in.
Leicester (1st, played 43, 91 points, +42 goal difference)Run-in: Southampton (h), Preston (a), Blackburn (h).
Once seemingly certain to return to the top flight after a single season in the second tier – Enzo Maresca’s side were 17 points clear of Leeds – Leicester have suffered a crisis of confidence just at the wrong time.
A 2-1 home defeat by Middlesbrough on February 17 launched a run of 10 league games culminating in a 1-0 reverse at Plymouth which saw them lose six times and collect just 10 of the 30 points available.
However, a 2-1 victory over play-off chasing West Brom took them back to the top of the table and with two of their last three fixtures at the King Power Stadium, they will hope they can make home advantage count.
Leeds (2nd, played 44, 90 points, +43 goal difference)Run-in: QPR (a), Southampton (h).
As with Leicester, Leeds have suffered a wobble at the most inopportune moment.
A 2-1 defeat at Coventry on April 6 was their first in the league since the turn of the year and, having seen Sunderland leave Elland Road with a point three days later, Daniel Farke’s men lost on home soil for the first time this season last Saturday when Sammie Szmodics fired Blackburn to victory in West Yorkshire.
But they came out on the right end of a seven-goal thriller in Teesside on Monday, claiming a 4-3 win over Middlesbrough that Farke will hope can be a springboard for their final two fixtures.
Ipswich (3rd, played 43, 89 points, +32 goal difference)Run-in: Hull (a), Coventry (a), Huddersfield (h).
Ipswich’s unlikely tilt at back-to-back promotions has hit the buffers in recent weeks after a remarkable run of nine wins in 10 Championship outings was brought to an end by derby rivals Norwich.
A 1-0 defeat at Carrow Road on April 6 has been followed by home draws with Watford and Middlesbrough and Town must rediscover the form which earned manager Kieran McKenna the accolade of Championship Manager of the Season on Sunday evening if they are to reach the top flight.
However, all three of their remaining opponents still have something to play for, with Hull and Coventry on the fringes of the play-off race and Huddersfield battling desperately to avoid the drop.
Southampton (played 43, 84 points, +29 goal difference)Run-in: Leicester (a), Stoke (h), Leeds (a).
Southampton’s bad patch arrived in February, when they lost to Bristol City, Hull and Millwall either side of a 2-0 success at West Brom in the space of 12 days.
A 3-0 win over Preston a week ago was their third in succession but despite taking the lead at Cardiff on Saturday, the Bluebirds claimed a last-gasp victory and Saints are now six points adrift of the top two.
How they fare against Leicester may go a long way to deciding their fate, while a visit to Leeds on the final day of the season promises to be a must-watch.
Stuart Attwell named in VAR team for Euro 2024 amid Forest controversy
Stuart Attwell will be one of the VARs at this summer’s European Championship in Germany, with Anthony Taylor among the on-field referees.
The news comes two days on from the pair being on duty for Nottingham Forest’s 2-0 loss at Everton, after which the officiating was attacked in a social media post from the visitors that referenced Attwell being “a Luton fan”.
The post said there had been “three extremely poor decisions – three penalties not given – which we simply cannot accept”, adding: “We warned the PGMOL (Professional Game Match Officials Limited) that the VAR is a Luton fan before the game, but they didn’t change him.”
On Monday, Forest said they had submitted a formal request to PGMOL for audio of discussions between Attwell and Taylor in relation to the three incidents to be made public.
They also called on PGMOL to change its rules on officials’ allegiances “to account for contextual rivalries in the league table’, not just local rivalries”.
Three Forest members of staff – boss Nuno Espirito Santo, referee analyst Mark Clattenburg and full-back Neco Williams – have been asked by the Football Association for their observations following comments they made after the match at Goodison Park, while the Premier League is examining the club’s social media post.
As well as Taylor, with assistants Gary Beswick and Adam Nunn, Michael Oliver will be the other English on-field referee at the Euros, assisted by Stuart Burt and Dan Cook, UEFA said on Tuesday. The other English VAR alongside Attwell will be David Coote.
Barcelona could demand Real Madrid replay if ‘phantom goal’ deemed legal
Barcelona president Joan Laporta has threatened legal action and could demand a replay after his side were denied a goal against Real Madrid at the weekend.
Lamine Yamal thought he had scored in the 28th minute of Sunday’s 3-2 LaLiga loss at the Bernabeu but, after a lengthy VAR check, it was ruled the ball had not cross the line.
The Spanish competition does not use goalline technology.
Laporta has requested footage and audio of the decision-making over this “phantom goal” incident from the Spanish Football Federation and will then consider further action.
He said in a statement on the club’s website, fcbarcelona.com: “If, once this documentation has been analysed, the club understands that an error was made in the revision of the incident, we will take all available measures to reverse the situation, without discounting, obviously, any necessary legal action.
“If it is confirmed that it was a legal goal, we will move ahead and we do not discount requesting that the game be replayed, just as has happened in another game in Europe due to a VAR error.”
Laporta was referring to a decision to replay a Belgian Pro League between Anderlecht and Genk because of a VAR error earlier this season.
Real went on to win the match 3-2 with a stoppage-time winner from Jude Bellingham and are now 11 points clear of Barca at the top of the table.
SportsMax is the Caribbean sports channel of choice, committed to providing sporting content of the highest quality to the Caribbean, delivered by a team of highly innovative, passionate and qualified professionals.
(876) 619-7629
digitalmedia@sportsmax.tv
