Saudi crown prince planning to splash over £3bn to buy Manchester United

Saudi crown prince planning to splash over £3bn to buy Manchester United | Airnewsonline
Saudi crown prince planning to splash over £3bn to buy Manchester United

Saudi Arabia’s crown prince Mohammad bin Salman, who is worth £850billion is reportedly interested to splash over £3bn to buy Glazer-owned Manchester United.

Mohammad bin Salman, who is second in command to King Salman, wants to make his mark in the world of football and views the Red Devils as the perfect acquisition, The Sun has reported.

Mohammad bin Salman | Airnewsonline
Mohammad bin Salman planning to splash over £3bn to buy Manchester United

According to various sources, it would cost the Saudis more than £3bn to become the new owners of Manchester United.

Manchester United’s current share price values the club at more than £2.5bn, which is slightly down from the record high of £3.1bn recorded in August.

It is as yet unclear whether the Glazer family would be willing to sell the club, but Co-chairman Avram Glazer’s recent whereabouts have fuelled rumours of an imminent sale with him spending most of his time in the Middle East.

According to the reports, Avram is even due to attend the Future Investment Initiative conference in Saudi Arabia’s capital Riyadh next week, alongside leading bankers and investors based around the globe.

LEAVE A REPLY

Please enter your comment!
Please enter your name here