Manchester United co-owner Avram Glazer has spoken to reporters about the family inviting offers for the club.

He was confronted in the street by a Sky News reporter in Palm Beach, Florida, after Tuesday's shock announcement that the Glazers were inviting fresh investment at United and were potentially open to a sale.

They value the Old Trafford club at upwards of £5billion and there is expected to be plenty of interest in buying one of the biggest names in world football.

Asked why now was the right time, Glazer replied: "As we announced yesterday, the board went through a process and it has decided it is going to look at different strategic alternatives and that's what we're doing."

When it was put to Glazer that most United fans feel his family should have sold the club years ago, he answered: "Once again, we are going through a process, we will look at all different strategic alternatives and we will see where it leads us.

"I appreciate you talking to me tonight and I'm going to wish everyone a happy Thanksgiving."

Asked about the acrimonious departure of Ronaldo, Glazer said: "I will tell you about Cristiano Ronaldo, he is a great Manchester United player and I appreciate everything he has done for the club and I wish him the best of luck in the future."