One of the six Manchester United’s co-owner is set to relinquish his stakeholdership at the club by selling off his 13% stake.
Kevin Glazer will become the first family member of the Glazers to sell his red devils stake worth around £270 million since their Father Malcom, took charge of the Old Trafford side in 2005.
The sale will be coming off as a result of the Premier League side recording low revenue returns for the first time in the last couple of years, as well as shirt sponsors, Chevrolet refusing to renew that mamoth contract with the club.
The club’s fans who have been on the neck of The Glazers family and CEO, Ed Wooward took to twitter to react to the news that Kevin converted his shares from type B to type A, which can be traded on the New York stock exchange.
With a good number of them expecting this to be the start of a change at the helm of the club as more of the Glazers are expected to sell.
While other are being very sceptical of the whole process.