Friday, February 21, 2020

‘I still wants to buy Manchester United’

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Zubair Yaqoob
Zubair Yaqoob
The author has diversified experience in investigative journalism. He is Chief content editor at wnobserver.com He can be reached at: [email protected]

Saudi Crown Prince Mohammad Bin Salman (MbS) raises his bid to take Manchester United to 3.8 billion pounds – hoping to become the new owner of the club next season.

Saudi royal relatives whose family’s wealth value reached 850 billion pounds, hoping to convince current owners, the Glazer family to sell the English club.

Resources at Old Trafford have always denied Glazer’s desire to sell United, but the lucrative deals may be hard to resist.

The United States family bought United at a price of 790 million pounds almost 14 years ago but is now forced to bear high debt.

But if the Saudi prince’s offer is accepted, they are still able to generate profits of up to 2.2 billion pounds.

The Saudi bid to buy United was first reported in October last year, and the value of 3.8 billion pounds depends on whether Ole Gunnar Solskjaer is able to bring the club to Champions League next season.

 

Zubair Yaqoob
Zubair Yaqoob
The author has diversified experience in investigative journalism. He is Chief content editor at wnobserver.com He can be reached at: [email protected]

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