After The Glazers revealed their intention to sell Manchester United, David Beckham is said to be open to negotiations with possible purchasers.

According to the Financial Times, the United icon is willing to meet with potential buyers of the club.

The report states: “The former England captain’s history with United and affinity with its fans could prove vital to any bidders if the Glazers go ahead with a deal, the people said.”

“The current owners said they would “consider all strategic alternatives, so an outright sale is not guaranteed.”

“One banker close to the process said United could be sold for close to £7bn.

“A bidding war could send it higher, they added.”

“However, some footballing finance experts have said that even a £4bn-£5bn price tag was too high for a club that was unprofitable last year. ”

“At these valuations, prospective owners need to have deep pockets, with investors perhaps based in the US or the Middle East eyeing the football club, analysts said.”

“While Beckham alone might not have the wealth to buy Man United, his global reach and affinity with the fans could prove to be a huge boost to any buying parties.”

The Glazers, who paid £790 million for Manchester United in 2005, placed the club up for sale on Tuesday. The family is seeking up to £8 billion to sell the club.

In other news, British millionaire and longstanding Manchester United supporter Sir Jim Ratcliffe is preparing to make a bid to take control the club following his failed effort in the summer. He also attempted and failed to purchase Chelsea last season.

Ratcliffe is the owner of the petrochemical behemoth Ineos and one of the world's wealthiest individuals.

Pep Guardiola has agreed to a two-year contract extension with the Premier League winners that would keep him at the club until 2025, stating he cannot be in a better position.

Since taking over at City in 2016, the 51-year-old former Barcelona and Bayern Munich manager has won nine major trophies, including four Premier League crowns.

"I am delighted to be remaining at Man City for another two years," Guardiola said in a statement released by the club on Wednesday.

"I can't thank everyone at the club enough for believing in me. I'm pleased and comfortable, and I have everything I need to execute my work well."

"I know the next chapter of this club will be spectacular for the next decade," the Spaniard concluded. It occurred in the previous ten years and will happen again in the next ten since this club is so steady.

"It felt wonderful to be here from day one." I couldn't be in a better situation."

"I am thrilled that Pep's adventure with Man City Football Club will continue," stated City chairman Khaldoon Al Mubarak.

“He has already contributed so much to the success and fabric of this organisation, and it’s exciting to think what might be possible given the energy, hunger and ambition that he clearly still has.”

Guardiola's current contract at the Etihad Stadium is set to expire at the conclusion of the season.

During his stint with the club, he has had his contract extended thrice.

Guardiola, who has 271 victories from 374 games in all competitions as City manager, claimed negotiations about his new contract extension began immediately after the squad won the Premier League championship in May.

"The minute I don't feel that - for family reasons, or I have done all I want to achieve, or I don't feel comfortable with the team, or it's not a joy to battle for another Premier League - when these sentiments evaporate, I will move away," he said.

"That is natural in life." I am not everlasting. Every day we are here brings us closer to the end. That is normal.

"However, I get a sense there's something more I need to accomplish." That's how I'm feeling right now. That is why we continue to work together."

City are presently second in the Premier League standings, five points behind leaders Arsenal, and will play RB Leipzig in the Champions League last 16 when top club football returns following the World Cup in Qatar.

Guardiola's trophy cabinet at City includes one FA Cup and four League Cups, in addition to the league titles.

AFP

Cristiano Ronaldo, a former Manchester United striker, has been fined £50,000 and banned for two matches by the English Football Association.

During an April incident in which Ronaldo shattered a fan's phone at Goodison Park following Man United's loss to Everton last season, the FA has officially completed its investigation and given Ronaldo his sentence.

This comes only one day after it was reported that the five-time Ballon d'Or winner's contract with United had been mutually terminated after his heated interview with Piers Morgan criticizing the club's management and manager, Erik ten Hag.

Ronaldo said that the club has stayed static following Sir Alex Ferguson's departure in 2013, with no signs of progress. He also said that he had no regard for Ten Hag since the management did not.

The Glazers, Man United's owners, also stated on Tuesday evening that they were putting the club up for sale and would be open to bids.

According to The Mirror UK, if Ronaldo joins another Premier League side, he will be punished for two games. Chelsea and Newcastle have both been linked with a bid for the 37-year-old.

Ronaldo is now in Qatar, preparing for Portugal's first World Cup encounter against Ghana on Thursday.

Manchester United's owners, the Glazer family, have said that they are willing to sell the club.

The Glazers finalized their acquisition in 2005, although they have received significant resistance from fans, notably for saddling the club with massive debts as a result of their leveraged buyout.

The Glazers published a statement on Tuesday night, November 22, through Manchester United's website, revealing that they are "exploring strategic options," including additional investment or a complete sale.

"Manchester United announces today that the board has begun a process to examine strategic options for the club," the statement said.

"The process is designed to enhance the club's future growth, with the ultimate goal of positioning the club to capitalize on opportunities both on the pitch and commercially.

"As part of this process, the board will consider all strategic alternatives, including new investment into the club, a sale, or other transactions involving the company.

"This will include an assessment of several initiatives to strengthen the club, including stadium and infrastructure redevelopment, and expansion of the club's commercial operations on a global scale, each in the context of enhancing the long-term success of the club's men's, women's and academy teams, and bringing benefits to fans and other stakeholders."