Man Utd on brink of buy out?
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Man Utd on brink of buy out?
The Daily Express understands that United’s owners, the Glazer family, are “only haggling over details” with a deal to sell the club to Qatar Holdings virtually done at £1.6 billion.
If that deal is sealed, then Malcolm Glazer and his sons will have doubled their money in six years since they paid £790 million for the club in the summer of 2005.
It would also bring to an end a massively unpopular regime among United’s huge fan base.
And it could mean tomorrow ’s lunchtime derby with City – now enjoying the riches of ownership by Abu Dhabi’s Sheikh Mansour bin Zayed Al Nahyan – will be the last with United under American ownership.
But sources close to the talks disclosed that even the Qataris baulked at a demand for £2bn. I now understand that broad agreement in principle has been reached, with Qatar Holdings finding another £100m above their initial approach of £1.5bn.
http://www.express.co.uk/posts/view/228390/Arabs-close-in-on-Manchester-United
If that deal is sealed, then Malcolm Glazer and his sons will have doubled their money in six years since they paid £790 million for the club in the summer of 2005.
It would also bring to an end a massively unpopular regime among United’s huge fan base.
And it could mean tomorrow ’s lunchtime derby with City – now enjoying the riches of ownership by Abu Dhabi’s Sheikh Mansour bin Zayed Al Nahyan – will be the last with United under American ownership.
But sources close to the talks disclosed that even the Qataris baulked at a demand for £2bn. I now understand that broad agreement in principle has been reached, with Qatar Holdings finding another £100m above their initial approach of £1.5bn.
http://www.express.co.uk/posts/view/228390/Arabs-close-in-on-Manchester-United
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Re: Man Utd on brink of buy out?
the glazers are greedy barstools...well i see this as a possitive move. new oners and more money behind them should help manu press on further
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