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Home international

Apple ready to launch a Manchester United buyout offer

by Webdo
Thursday 24 November 2022 21:10
in international

The Apple technology giant is ready to launch a Manchester United buyout offer after the Glazer family put the club on the market.

The Glazers bought Man UTD for 800 million pounds sterling (931.2 million euros) in 2005, and hope to obtain this amount up to seven times, by putting the club on the market recently.

Sir Jim Ratcliffe, one of the wealthiest men in the United Kingdom with a net value of around 27 billion euros, was linked to an offer-potentially in a consortium with the club legend and the co-owner of Inter Miami and Salford City David Beckham-but there are very few people who could afford such a price.

The Apple technology giant obviously does not have this problem. The company, founded by Steve Jobs, Steve Wozniak and Ronald Wayne in 1976, has a market capitalization of 2.4 billions of dollars (2.31 billion euros), and it is ready to launch an offer according to the Daily Star.
“The Californian company has no experience of possession of a football club in the size of United,” they write. “But CEO Tim Cook is eager to explore the opportunities that United’s possession could offer – and will organize discussions with the banks designated to supervise the sale, which include The Raine Group. »»

Apple’s value would make Man Utd the richest club in the world of football in the event of buyout; Its value of 2.31 billion euros leaves the Saudi owners of Newcastle (372.45 billion euros) on the tile in this regard.

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