Saudi Arabia enters race for Manchester United - Telegraph | Reuters
Saudi Arabia has submitted a bid for British soccer club Manchester United PLC (MANU.N) ahead of Friday's deadline, the Telegraph reported on Thursday.
Multiple private groups in Riyadh have made formal inquiries, the report added.
British billionaire Jim Ratcliffe, a life-long supporter of the club and founder of chemicals firm INEOS, is a likely bidder, along with U.S. private equity firms, sources told Reuters.
Qatari Royals are readying an opening bid of roughly 5 billion pounds ($6.00 billion) for the club, according to a report by Bloomberg News on Thursday citing people with knowledge of the matter.
No comments:
Post a Comment