Categories: Sports

Sales at ManUtd are on the rise

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The English record champions Manchester United could soon have a new owner.

Manchester United’s sales gamble continues. Interested parties have until 9 p.m. on Wednesday evening to make an offer. If an offer meets the requirements of the Glazer family, the current owners of the Red Devils, the takeover could go ahead in the short term.

The reason for the sale: failure of the team, lack of investment by the owners. That’s why the Glazers are behind the ManUtd fans.

The Qatari Nine Two Foundation around Sheikh Jassim bin Hamad Al Thani (44) is mentioned as a favorite for the purchase. But British billionaire Sir Jim Ratcliffe (70) also has a good chance of being taken over. According to the “Daily Mail”, the chairman of the chemical company INEOS, which owns Lausanne-Sport, among others, should join forces with other interested parties to further strengthen his bid.

Decision is expected next week

A total of six offers from different applicants are expected on Wednesday evening. About a month ago, the first bids worth around CHF 5 billion were received. The new supply is likely to exceed 5.5 billion. This brings those interested significantly closer to Glazers’ original demand of about 6.7 billion.

Potential buyers should receive a response next week. Should the Glazers deviate from their desired amount and accept one of the offers, a deal could be announced as early as Easter. However, it is quite possible that the American owner family will continue to insist on their claim. Then the interested parties would have to improve their offer again. A new owner should take over the club at the latest in the upcoming summer transfer window.

Anyway, the English record champions are sold for a record amount. The most expensive acquisition of a sports club to date is CHF 4.28 billion. That’s how much the Walter Penner Group spent a year ago on the NFL franchise Denver Broncos, which also co-owns Formula 1 star Lewis Hamilton. (mab)

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Source : Blick

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