Manchester United, a Premier League powerhouse, is the subject of Glazer family record bid.

Manchester United seeking a record payment for giving up ownership, according to sources close to ESPN . The Glazer siblings are expected to earn GBP 3.8 billion (USD 4.59 billion) if they sell .

Manchester United, one of the best teams in the English Premier League, is seeking a record payment for giving up Manchester United's ownership, according to sources close to ESPN.Manchester United have won a record 13 titles in the Premier League since the top flight of English football was given a new name in 1992.However, sources close to ESPN have reported that the Glazers are expected to earn GBP 3.8 billion (USD 4.59 billion) if they sell.According to sources familiar with the situation, the Tuesday statement was deliberately vague in order to preserve the Glazers bargaining position.Joel Glazer, the club's co-chairman, is still involved in the club's day-to-day operations, but the other Glazer siblings have different priorities and believe that the time is right to sell.As we reported, the board went through a process and it was decided that it would look at other strategic alternatives, and thats what was happening.

The club has been the subject of a lot of controversy, the most recent being Portugal's departure, Cristiano Ronaldo.Ronaldo, 37, has agreed to leave Manchester United by mutual agreement, following an intense interview with Piers Morgan in which he slammed United and manager Erik ten Hag.The club recognizes him for his contribution to Old Trafford's history, scoring 145 goals in 346 games, and wishes him and his family well in the future.Manchester United's statement on Tuesday stated that everyone at the club is focused on ensuring that the team's progress continues under Erik ten Hag and that they work together to achieve success on the field, according to ESPN.

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