Apple 'expressed interest' in buying Manchester United

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Apple 'expressed interest' in buying Manchester United

It has long been rumored that Apple is actively producing a VR headset, developing its own car, and now... buying a world-renowned soccer team? First reported in the UK Daily Star, it's not certain what sources provided information about a potential deal. Should Apple recede with a takeover of the so-called Red Devils, the team could have access to more coffers than rival clubs Newcastle and Manchester City.

Others are also rumored to have uninteresting in the team, after current owners Joel and Avram Glazer have granted to sell Manchester United to the highest bidder. The initial asking tag for the club was set at almost $10 billion, which the Daily Star reports is unrealistic in the fresh market. The Glazers have owned the team since 2005 amid some controversy and have contract unpopular with fans.

Apple reportedly is floating an coffers of around $7 billion for the deal. Apple's estimated net suitable is currently over $2.4 billion, with annual revenues of $394 billion. Should the deal go through, it would easily make Manchester Joint the richest soccer club in the world. The portray states that the Glazers are assembling a short list of potential buyers, including the British billionaire Sir Jim Ratcliffe.

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SRC: https://www.iphonefaq.org/archives/978305

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