If the Glazer family sells Manchester United, the American-based ownership group will not be selling the team at a bargain price.
ESPN reported that the English soccer giant’s owners are only taking offers that would make the club the most expensive sports team ever. According to Forbes, Manchester United is worth $4.59 billion.
However, the Glazers are reportedly hoping to lure offers for more than $7.25 billion. Earlier this year, fellow Premier League side Chelsea summoned $3.02 billion while the NFL’s Broncos sold for $4.65 billion.
The news comes after the ownership group released a statement on Tuesday, saying that it would consider “all strategic alternatives” that included a possible outside investment or sale.