Apple expresses interest in acquiring Manchester United
by FARUK IMAMOVIC | VIEW 363
Apple, currently led by Tim Cook, is said to be interested in buying Manchester United football club after the current owners recently announced that they are open to offers to sell the club. With United now available for purchase, it's no surprise that the world's biggest tech company could be interested in buying the club for $6 billion.
Buying Manchester United would be a first for Apple, as the California firm has never owned a major sports team, but the commercial opportunities United can provide could be a major factor in Apple's interest. The deal, if it goes through, will almost certainly be the most expensive sale of a football club in history, with the current world record being $5.1 billion for Chelsea Football Club earlier this year.
The move could potentially see United build a brand new state-of-the-art stadium for the club. Old Trafford is currently the second largest football stadium in the UK, after Wembley, but is ripe for renovation, prompting the club's current owners to consider a redevelopment before deciding on a potential sale.
The Glazer family is expected to hold talks with potential buyers next week and, if they reach an agreement with Apple, United will once again become the richest club in the world. “As we seek to continue building on the club’s history of success, the board has authorized a thorough evaluation of strategic alternatives,” Avram Glazer and Joel Glazer, executive co-chairmen and directors of Manchester United, said in a statement.
Avram Glazer refused to be seen as someone who "doesn't care about the club" saying: "Well, I'll tell you about Cristiano Ronaldo - he's a great Manchester United player, I appreciate everything he's done for the club and I wish him the best luck in the future."
A report by MacRumors claims the rumor is baseless.
“Our source with direct knowledge of the situation said the report is false,” noted the MacRumors report.