Manchester United sold for 3.75 billion – England

Manchester United sold for 3.75 billion – England
Manchester United sold for 3.75 billion – England

About 3.75 billion pounds would be enough to buy Manchester United from the Glazer family, they write in the Island. It remains to be seen whether such a sum will appeal to Britain’s richest man and Red Devils supporter Jim Ratcliffe, who failed in his recent bid for Chelsea.

A state investment fund from Dubai is also interested in taking over one of the biggest clubs in Europe. The Emirates are said to be a serious contender to acquire a controlling stake in Manchester United.

State investment funds from Abu Dhabi and Saudi Arabia already control the management of clubs such as Manchester City and Newcastle.

Financial experts estimate the Glazers could get around £6bn, which would be around £2bn more than what Todd Boeli and Clearlake Capital paid for Chelsea in May.

Investors have been tempted above all by the fat TV rights revenue generated in the Premier League.

In addition, the profits of the Red Devils around the home games are astronomical, which is easily explained, considering the fact that the attendance averages around 75 thousand fans for each match at Old Trafford.

The eventual new owner of Manchester United will also inherit debts of nearly 600 million, which belong to the club and not to Glazer.

A British billionaire ready to buy a stake in Man United

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