A corner flag with the logo of the Manchester United soccer team is shown ahead of the English Premier League soccer match between Manchester United and Leicester City at Old Trafford, Manchester, England, Aug 10, 2018. JON SUPER AP The Manchester United Supporters TrustUnited Supporters Trust MUST state on Thursday that any new owner of the Premier League club must be willing to invest heavily to restore its former glory despite speculation of a sale by the Glazer family.
Any prospective investor or investor has to be committed to the club's culture, ethos and best traditions. They have to be willing to invest to restore United to its former glory, and that investment must be real new money spent on the playing side and the stadium.
British billionaire Jim Ratcliffe is interested in buying United after Tesla founder Elon Musk said in a tweet that he planned to buy the club was part of a long-running joke The club's owners, the American Glazer family, are under pressure with United sitting bottom of the league after two games of the new season. The door was opened for Ratcliffe when Bloomberg reported they would consider selling a minority stake.
There are growing speculations about a possible change of ownership or new investors at Manchester United. This has to be the right change, as the supporters have called for change, MUST stated in a statement on Twitter.
Every prospective investor or investor has to be committed to the club's culture, ethos and best traditions. They have to be willing to invest to restore United to the former glory, and that investment must be real new money spent on the playing side and the stadium. The group said that a new ownership structure must include fan share ownership and embed supporters.
READ MORE: Musk said that buying Man United was no joke for fed-up fans.
United lost both of their league games under new boss Erik ten Hag and host bitter rivals Liverpool on Monday.