The Manchester United team is reportedly for sale

• Sports

The American owners of Manchester United are considering selling the English Premier League club. As the association announced, the Glazer family is considering external financing to promote growth. "As we seek to continue building on the club’s history of success, the board has authorized a thorough evaluation of strategic alternatives," Avram Glazer and Joel Glazer, executive co-chairmen and directors of United, said in the statement.

"We will evaluate all options to ensure that we best serve our fans and that Manchester United maximizes the significant growth opportunities available to the club today and in the future," the statement said.. The announcement came about four hours after the announcement that Manchester United and soccer superstar Cristiano Ronaldo were terminating the contract.

Ronaldo had previously criticized the coach and the owners of the club in an interview. For former soccer star Rio Ferdinand, the split between Manchester United and Ronaldo was only a matter of time. "It doesn't detract from Cristiano Ronaldo's legacy at the football club, what he has achieved, his legendary status there I believe doesn't change at all.

The measure of what he was when he was in the red shirt playing football, what he done and the amount of successful moments and trophies he brought to the club when he was here. Became the best player in the world while being at Man United, these things you can't take out of history.

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Ferdinand didn't want to predict Ronaldo's future.

"It depends what the motivation is as to where he goes next. Is it Champions League, money? This will be getting planned out behind the scenes and I'm sure we will find out." Ferdinand later tweeted his thoughts, writing: 'Just seen the Cristiano news...

best for both parties!' United released a statement regarding Ronaldo "Cristiano Ronaldo is to leave Manchester United by mutual agreement, with immediate effect. The club thanks him for his immense contribution across two spells at Old Trafford, scoring 145 goals in 346 appearances, and wishes him and his family well for the future.

Everyone at Manchester United remains focused on continuing the team's progress under Erik ten Hag and working together to deliver success on the pitch.!"