On November 24, local time, MacRumors, an Apple-affiliated news website, refuted rumours, according to several people familiar with the matter, that Apple has no plans to acquire Premier League club Manchester United on now.
As for the rumors that Apple is planning to acquire Manchester United, several people familiar with the matter said that the news is not true.
On November 24, local time, MacRumors, an Apple-affiliated news website, refuted rumours, according to several people familiar with the matter, that Apple has no plans to acquire Premier League club Manchester United on now.
The website’s senior Apple reporter, Joe Rossignol, tweeted: “I’m an Apple reporter, not a sports reporter. If you don’t believe me, laugh at me, but I have plenty of evidence that Apple doesn’t intend to buy Manchester United. “
Image source: Twitter Earlier, Ben Jacobs, a reporter from CBS Sports, also said in a report that Apple is not interested in acquiring Manchester United, and the claim that they will make an offer is baseless.Although there are no plans to buy Manchester United, Apple has been looking for sports content, according to MacRumors.The company has teamed up with Major League Baseball (MLB) to broadcast weekly “Friday Night Baseball” doubleheader games on Apple TV+ during the 2022 regular season and will be a key part of MLB for the next 10 years . ■ Exclusive provider of major league (MLS) games.
The Daily Star previously reported that Apple CEO Tim Cook was interested in buying Manchester United for £5.8 billion (nearly $7 billion) and would work with the bank appointed to oversee the sale. The outlet did not cite any sources. So far, neither Apple nor Manchester United have responded to the rumours.
The report said the Glazers initially asked for £8.25 billion (around $10 billion), but were told that was unrealistic in the current market. If Manchester United agree to be bought for £5.8bn, they will overtake Real Madrid and Barcelona as the richest club in the world.
Apple is ready to invest in a new state-of-the-art stadium for Manchester United, according to the Daily Star. Old Trafford, which Manchester United have used since 1910, is too old and it will cost more than £1 billion to rebuild or refurbish Old Trafford.
An offer of £5.8bn is a huge sum for the sporting world and would break the record deal of £4.25bn set by Chelsea in May this year. It was also a significant profit for the Glazers, who bought Manchester United for £790m in 2005. But for Apple, that sum is simply the company’s revenue from iPad products last quarter.
Apple, which has an annual revenue of nearly £362bn, is estimated to have a net worth of £2tn this month. But the world’s biggest technology company has no experience with a football club the size of Manchester United.
On November 22, when the Manchester United club announced the termination of the contract with star player Ronaldo, its official website announced that the board of directors was exploring a series of strategic options for the club, including new investment, sales or other transfers that n include the company. Affected by the above news, Manchester United’s share price rose by more than 40% in the last two trading days.
News of the sale of the prestigious football club is set to attract famous investors from all over the world, including British billionaire Sir Jim Ratcliffe, former Manchester United star David Beckham, Spanish billionaire Amancio O. Ertega et al.
Sir Jim Ratcliffe, who founded petrochemical giant INEOS, is also a lifelong Manchester United fan. Last season, he tried to buy Chelsea, but failed. Amancio Ortega is the head of Inditex, one of the world’s four largest fashion retail groups, and runs the Zara fashion chain. Ortega is rumored to have disclosed his interest in taking over Manchester United to executives.
David Beckham is open to talks with potential buyers of the football club, the Financial Times reports, with the former Manchester United star unable to buy Old Trafford on his own, but could join a consortium of investors, potential buyers may be happy to snap. up the legend of the Red Devils.
According to the British “Guardian” report, Saudi Arabia’s Minister of Sports, Prince Abdulaziz bin Turki Faisal, said in an interview with British media that the government “will of course support the application of any private company.” Premier League teams Manchester United or Liverpool. He also said that he would like to see Ronaldo play in a Saudi club.
Source of this article: The Paper, original title: “Apple’s acquisition of Manchester United disproved? Foreign media say there is enough evidence that Apple will not buy Manchester United
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