Posts Tagged ‘Sir Jim Ratcliffe’

With the recent protests and pressure from fans around the world, the Glazer family were reported last week to be willing to sell a minority stake in the club. Amid this heated situation and the resulting developments, Joshua Raymond, Director at financial brokerage XTB, has provided some expert commentary on some key points regarding the situation:

What are the main reasons for the protests?

The protest itself is clearly designed to heap pressure on the Glazer family to sell the club and these protestors have been encouraged by rumours of a potential stake sale to US based hedge fund Apollo. It’s prudent to remember the last time we saw large scale protests that garnered mass media attention, the club was forced to pull out of the controversial European Super League. So, there is now form for this sort of tactic by fans, which will not help the stability around the club as long as bid rumours persist.