David Beckham says he supports a sale of Manchester United

David Beckham says he supports a sale of Manchester United


David Beckham on Manchester United: It's the right time for somebody to take over

Inter Miami co-owner and President David Beckham backs a takeover of his original club Manchester United.

“At the moment, there’s no stability,” the longtime former midfielder for the Premier League club told CNBC’s “Squawk on the Street” in an interview aired Thursday. “It’s the right time for somebody to take over.”

Beckham also dispelled reports that he would serve as an ambassador for Manchester United in a potential sale to Qatar’s Sheikh Jassim Bin Hamad Al Thani. Beckham previously served as World Cup ambassador last year in a deal with Qatar.

“At the moment there’s been no discussion. I have had a long-standing relationship with Qatar because of my involvement with PSG … but there’s been no discussion at the moment,” Beckham said, referencing the French club Paris Saint-Germain, where he played at the end of his career around the time the Qatar Sports Investments group bought the team.

David Beckham of Manchester United ’99 Legends warms up prior to the Manchester United ’99 Legends v FC Bayern Legends match at Old Trafford on May 26, 2019 in Manchester, England. (Photo by Matthew Ashton – AMA/Getty Images)

Matthew Ashton – Ama | Getty Images Sport | Getty Images

During the CNBC interview, Beckham also discussed his various other ventures, including his ongoing business partnership with Authentic Brands CEO Jamie Salter. Authentic Studios, under Authentic Brands was behind the creation of the newly released Netflix docuseries, “Beckham,” which chronicles Beckham’s rise to superstardom and his marriage to Victoria Beckham. Authentic Brands previously took a majority stake in Beckham’s brand management firm, DB Ventures, in 2022.

Beckham’s success at Manchester United is featured prominently in the documentary.

The club has had a tumultuous last few years under the leadership of the American Glazer family, who took control of the Premiere League club in 2005. The team went six years without winning a trophy before it won the English League Cup this year.

In November last year, Manchester United announced star player Cristiano Ronaldo would leave the team following an interview where he criticized manager Erik ten Hag and the Glazer family. Ronaldo spent only one year with the club during his second stint there.

Manchester United is currently ranked 10th in the Premier League and sits at a record of four wins and four losses.

Soccer club Inter Miami, of which Beckham is part owner, signed a landmark deal with soccer superstar Lionel Messi earlier this year. Managing owner Jorge Mas said in July that he expects the signing to double revenues of the soccer club over the next year.



Source

As WNBA labor deadline nears, players union is ‘frustrated’ by lack of progress
Business

As WNBA labor deadline nears, players union is ‘frustrated’ by lack of progress

The WNBA Players Association executive director told CNBC she remains “frustrated” by the lack of progress toward a new collective bargaining agreement as the league’s new deadline to reach a deal approaches. “We’re a little frustrated with where we are right now, but we are holding to our principles,” Terri Jackson, executive director of the […]

Read More
Delta president Glen Hauenstein, who helped turn airline into industry profit leader, to retire in February
Business

Delta president Glen Hauenstein, who helped turn airline into industry profit leader, to retire in February

Glen Hauenstein, president of Delta Air Lines Inc., left, and Ed Bastian, chief executive officer of Delta Air Lines Inc., right, ring the opening bell on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Nov. 12, 2025. Michael Nagle | Bloomberg | Getty Images Delta Air Lines President […]

Read More
Prediction markets could hit a trillion dollars in trading volume by the end of this decade, new report says
Business

Prediction markets could hit a trillion dollars in trading volume by the end of this decade, new report says

Polymarket banner outside the New York Stock Exchange on Oct. 7th, 2025. Kevin Stankiewicz | CNBC Prediction markets could reach a trillion dollars in annual trading volume by the end of this decade, according to a new report from Eilers & Krejcik, a research firm that specializes in sports and interactive gaming sectors.   “Numerous factors, […]

Read More