Neville responded to the reports on Twitter
Gary Neville has told the Glazer family that it would be “unacceptable” to part sell Manchester United amid reports they are in talks with US investment fund Apollo.
The Daily Mail reported this week that the New York private equity group were in talks with the Glazer family to purchase a minority stake in United.
Talks between the two parties are largely focused on how much money the Glazers would receive for selling those shares, with no plans for any extra investment into the club itself, something supporters have been protesting for.
Neville tweeted his thoughts on Friday, warning Apollo that they ‘wouldn’t be welcomed in Manchester’ if they agree a deal.
He wrote: “If the reports are true that the Glazer Family are ready to part sell ahead of a full sale it’s totally unacceptable that this is to a US investment fund.
“Apollo have been mentioned but they need to know they will not be welcomed in Manchester.”
If the reports are true that the Glazer Family are ready to part sell ahead of a full sale it’s totally unacceptable that this is to a US investment fund. Apollo have been mentioned but they need to know they will not be welcomed in Manchester 👋
— Gary Neville (@GNev2) August 19, 2022
The pundit also called for the need of an independent regulator once again while also claiming that ‘US money is a bigger danger than any other international money.’
“The US model of sports ownership is all about significant return on investment (at all cost ie Super League and Big Picture ),” he continued.
“The ownership model in England needs to change and US money is a bigger danger to that than any other international money. We need a regulator asap!”
The US model of sports ownership is all about significant return on investment ( at all cost ie Super League and Big Picture ). The ownership model in England needs to change and US money is a bigger danger to that than any other international money. We need a regulator asap! https://t.co/GRk6fapqBx
— Gary Neville (@GNev2) August 19, 2022
Billionaire businessman Sir Jim Ratcliffe meanwhile publicly confirmed his intention to buy United, insisting that if he were to purchase a minority stake in the club it would be on the basis he would take full control in the future.
Related links:
- Gary Neville reveals he collapsed during England Euro 2020 win against Germany
- Sir Jim Ratcliffe confirms he wants to buy Man United
- Glazer family could sell minority stake in Man United