The race is on to buy Manchester United and it will take deep pockets to meet an estimated price of $6 billion. No wonder the oil and gas-rich state of Qatar is being so heavily linked with a bid and Elon Musk's name refuses to go away despite the Tesla owner saying he was joking when writing on Twitter last year about his intention to swoop in for the Premier League club.
The race is on to buy Manchester United and it will take deep pockets to meet an estimated price of $6 billion.
That price was driven up by interest from around the world, with U.S.-based bidders particularly eager to take control of one of the biggest clubs in the world and gain a stake in soccer's most popular league. Ratcliffe declared himself a contender despite stating last year that he had dropped all interest in owning a Premier League club after missing out on Chelsea and being given little encouragement from the Glazer family, the current American owners.
The cost of redeveloping or rebuilding United's iconic Old Trafford stadium is widely considered to be a key reason why the Glazers are willing to sell after long-resisting campaigns from fans to drive them out. It could cost in excess of $1 billion to build a new stadium.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
From Qatar to Elon Musk, Man United sale rumors growThe race is on to buy Manchester United and it will take deep pockets to meet an estimated price of $6 billion.
Read more »
Strange lights spotted over Ontario were not UFOs but actually just Elon MuskOnce relegated to the fringes of tinfoil hat-wearing society, UFOs have been catapulted into the mainstream discourse after a series of high-profil...
Read more »
Qatar is said to prepare imminent bid for Manchester United FC - BNN BloombergQatari investors are set to make an offer for Manchester United Plc in the coming days, people familiar with the matter said, in a move that would cement the country’s desire to become a major player in global sports.
Read more »
Qatari investors reportedly preparing imminent bid for Manchester UnitedBloomberg reported on Monday that the consortium will submit an initial bid for Manchester United by the end of the week, and that officials from the Qatar Investment Authority are helping with preparations
Read more »
Qatari investors preparing imminent bid for Manchester United: ReportThe report added that the consortium will submit an initial bid for the club by the end of the week.
Read more »
Qatari investors preparing imminent bid for Manchester United: ReportThe report added that the consortium will submit an initial bid for the club by the end of the week.
Read more »