This move by the current owners to distribute shares is not unprecedented. Co-chairman Avram Glazer sold over £70 million worth of personal shares in 2021 when the club's overall market value was just under £2.4 billion.

Sir Jim Ratcliffe's impending involvement in Manchester United is poised to bring changes, particularly in sporting operations. The British businessman, set to acquire a hands-on role, will join a three-person panel with co-chairman Joel Glazer and esteemed sports executive Sir Dave Brailsford. 

The club's leadership structure will also include Chief Executive Richard Arnold and a new Sporting Director, expected to be renowned talent scout Paul Mitchell.