As per the press reports on Thursday, Saudi Arabia is very much interested to buy the prestigious Premier League club Manchester United. Saudi has submitted a bid for the same with Friday’s deadline.
As per the report, many private groups from Riyadh inquired about the deal.
British billionaire and founder of INEOS, a chemical company, Jim Ratcliffe, is a prospective bidder for the Manchester United club. He is a lifelong follower of the club. He will be bidding with US private equity firms and may be a Qatari investor, a report by the sources. (Read Also: Cristiano Ronaldo achieves ‘500 Goals Mark’ in his League career, with 4 Goals for his new team)
According to Bloomberg news, Qatari Royals are set to open up the bid for £5 billion for the richest football club.
Deloitte analysis report says Manchester United is the 4thrichest football club in the world.
This deal will be recorded making for the 13th time the biggest sports deal of $ 5.2 billion. It is with Debt
and Investment paid for Chelsea F.C.
A small investment share is with the United States Stock market with a capital value of $4 billion as per Wednesday’s close.
The club refused for giving any statement on this issue.
