Bidding war begins in Manchester over red half

It's no longer news that Cristiano Ronaldo terminated his contract with Manchester United by mutual agreement earlier this week following the recent outcry from his media interview that put the United board in a tough position.

His exit coincides with much more new development at the club in recent days. The Glazers who were amongst the several people that the club legend criticized have decided it is time to part ways with the club they've been running for the last 17 years.

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The news of the Glazers' decision to sell has created widespread celebrations across their fanbase who have been ecstatic since the press release. United fans have over the years protest against the club ownerships with the most recent protest held during the shocking Super League announcement with other top six clubs.

Forbes currently values the club at 3.9 billion euros, but the Glazers hope to get thrice the price that Todd Boehly paid for Chelsea in the summer. The club has hired the Raine Group that oversaw the Chelsea sale so their financial advisors to assess the value of the club's assets across all levels.

WHAT DOES THIS MEAN FOR UNITED?

With Raine's reported 6.8 billion euros valuation of the club, the Glazers expect to get only serious suitors who are interested in the sale. One of the many names linked with a move for the most decorated football club in England is Sir Jim Ratcliffe, the billionaire owner of Ineos Chemical group. He joined by interest from oil-rich Saudi Arabia and a possible consortium from America.