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Glazer family to make $150 million in Manchester United stock sale

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The family of late Manchester United owner Malcolm Glazer is set to make a lot of money by selling off more shares of the Premier League club, while a club document warns that the Red Devils new deal with adidas would lose value if the club misses the Champions League in successive seasons.

The BBC is reporting that the Glazers will open up another five percent of the club on the New York Stock Exchange. The sales would net them an expected $150 million, meaning 15 percent of the club would be publicly-owned.

[ MORE: United inks massive post-Nike deal with adidas ]

The family would still own over 80 percent of the club after the sale of eight million shares.

From the BBC:

Manchester United’s US owners are set to pocket about $150m (£88.7m) by selling more of their shares in the club on the New York Stock Exchange.

The deal comes two months after Malcolm Glazer died. His six grown children control the club.

The latest share sale was announced on a day when United shares closed at $19.31 apiece.

Cue the family lambasting from England and abroad, as this news comes on the heels of a club prospectus warning against missing UEFA Champions League football in the future:

“Because of the prestige associated with participating in the European competitions, particularly the Champions League, failure to qualify for any European competition, particularly for consecutive seasons, would negatively affect our ability to attract and retain talented players and coaching staff, as well as supporters, sponsors and other commercial partners.

‘Failure to participate in the Champions League for two or more consecutive seasons would also reduce annual payments under the recently announced agreement with adidas by 30 per cent of the applicable payment for the year in which the second or other consecutive season of non-participation falls.”

From Sky Sports:



LINEUPS: Tim Howard starts for USMNT against Costa Rica

SALVADOR, BRAZIL - JULY 01:  Tim Howard of the United States gestures during the 2014 FIFA World Cup Brazil Round of 16 match between Belgium and the United States at Arena Fonte Nova on July 1, 2014 in Salvador, Brazil.  (Photo by Jamie McDonald/Getty Images)
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The United States takes on Costa Rica in a friendly tonight at Red Bull Arena, as the USMNT must put the Mexico match behind them and focus on the upcoming World Cup qualifiers.

[ FOLLOW: All of PST’s USMNT coverage ]

The biggest inclusion in tonight’s starting XI is that of Tim Howard in goal, marking his return to the national side after taking a self-imposed sabbatical. It will be Howard’s first appearance for the USMNT since his legendary performance against Belgium in the 2014 World Cup.

Klinsmann has chosen to go with a 4-4-2 tonight, and Geoff Cameron remains the only starter in the back-line from the Mexico match. He’ll partner with Michael Orozco in the center of defense, with Brad Evans and Tim Ream on the outsides.

[ MORE: Fabian Johnson sent home from USMNT after fall-out with Klinsmann ]

In the midfield, Klinsmann has put some speed on the wings through the likes of DeAndre Yedlin and recent call-up Brek Shea. Danny Williams joins Jermaine Jones as the central midfielders.

Up top, Jozy Altidore will play alongside Gyasi Zardes, who returns to his more comfortable position as forward.

Cristiano Ronaldo wins record fourth European Golden Boot

MADRID, SPAIN - OCTOBER 13:  Real Madrid football player Cristiano Ronaldo poses with his four Golden Boot Awards as maximun goal scorer of European leagues at The Westin Palace Hotel on October 13, 2015 in Madrid, Spain.  (Photo by Gonzalo Arroyo Moreno/Getty Images)
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Cristiano Ronaldo has added another trophy to the collection, winning his fourth Golden Boot as Europe’s top scorer for the 2014-15 season.

The award accounts for goals in league play only, which means the Champions League and domestic tournaments are not included. In La Liga, Ronaldo scored 48 goals in 35 appearances.

[ MORE: 2015 MLS playoff scenarios ]

Ronaldo first won the award after the 2007-08 season with Manchester United, and has now added three more with Real Madrid in 2010-11, 2013-14, and 2014-15.

With his fourth win, Ronaldo moves ahead of Lionel Messi as the only player to win the award four times. Messi has won three, while eight players have won two.

Below is a post from Ronaldo’s Facebook page reflecting on the award:

What a special moment in my professional life!

Winning four Golden Boots is a privilege for me and I’ll keep challenging myself because I want to do better every time and I want to keep chasing for more records.

I have to thank everyone in Real Madrid that made this possible and we want to keep winning more titles and more trophies. Thank you everyone.

Ronaldo alone scored more goals in La Liga play last season than 14 clubs did, which shows how prolific his season was. The only player to score more than 48 league goals in a European season was Messi, who scored 50 in 2011-12.

[ EURO 2016: A look at the 20 teams that have qualified for France ]

While it was a successful year for Ronaldo personally, it was a very disappointing campaign for Real Madrid, who fired manager Carlo Ancelotti after finishing the season without a trophy.