The Glazer family have reportedly begun exclusive talks with US private equity firm Apollo to sell a minority stake in Manchester United - despite Sir Jim Ratcliffe declaring his interest in buying the club.
Having ruled over Old Trafford since their controversial takeover was completed in 2005, Glazer brothers Avram and Joel still aren't yet ready to cede full control of the club but are open to selling a minority stake. According to a report from the Mail, who claim that some members of the Glazer family now want out, Apollo are in discussions to purchase a stake in the club and could bring in other investors in due course.
It's added that any deal isn't expected to be concluded until next month at the earliest, while the brothers are expected to keep hold of their shares and oversee the day-to-day operations at Old Trafford. The news follows renewed and sharp criticism of the Glazers' ownership after the Red Devils suffered back-to-back defeats to begin their Premier League campaign with a whimper.
