Manchester United may have significantly more funds than Manchester City and Newcastle if technological behemoths attempt. Apple might have completed a massive takeover.
Apple is interested in acquiring Manchester United for a staggering £5.8 billion.
The Glazers, United’s owners, have chosen to sell the club after caving into the demands of fans who wanted them out. The American billionaires will sell the club to the highest bidder, and Apple executives have shown interest in discussing a prospective sale.
Apple is the world’s largest technology business, with annual revenue of almost £326 billion and an estimated net worth of £2 trillion as of this month.
Apple to take over Manchester United
The California-based company has never owned a football club the magnitude of United.
According to the Express, Mr. Cook’s plan includes funding for a new stadium that would be considered one of the best in the world. Apple is scheduled to conduct meetings with banks in the following weeks to move the talks forward, according to the site.
Manchester United has won a record 13 Premier League titles since the top flight of English football was renamed in 1992. The New York-listed club is worth approximately $2.5 billion (Rs 24,000 crore).
The club’s co-chairman, Joel Glazer, is still heavily involved in day-to-day operations, but the other Glazer siblings disagree on strategy and believe the time is right to sell.
The club has been dogged by problems, the most recent of which was the departure of Portugal star Cristiano Ronaldo.
Ronaldo, 37, chose to quit his contract with United after an angry interview with Piers Morgan in which he lambasted the club and manager Erik ten Hag.