Editing Manchester United plc
The edit can be undone. Please check the comparison below to verify that this is what you want to do, and then publish the changes below to finish undoing the edit.
Latest revision | Your text | ||
Line 430: | Line 430: | ||
=== Potential Changes in Ownership Structure === | === Potential Changes in Ownership Structure === | ||
Manchester United FC is currently accepting bids for the sale of the club. The current owners value the club at 6 billion pounds. There are two bidders who are currently in the lead. The first bid is led by Sir Jim Ratcliffe, the CEO of Ineos group and the richest man in the UK, and the second one is led by Sheikh Jassim of Qatar, who also owns the French league winners- Paris St. Germain. Both bids have their advantages. The one led by Sir Jim Ratcliffe is appealing as it is led by a British person who has known and loved the club ever since he was a child. There is also the fact that the fans are sick of the club's American ownership which has been running the club simply as a cash cow rather than as a football club determined to win trophies. A local citizen owning the club thus has a huge fan backing. He also plans to purchase only a part of the club with the Glazer family maintaining a minority stake. On the other hand, the Qatari group has nearly unlimited funds and have already promised to keep aside funds for the stadium redevelopment and new player acquisitions. They alo own several other football clubs and such a deal has a potential for achieving positive synergy. It involves completely buying out the cub and wiping its debt clean for an estimated bid price of 5.5 billion pounds.<ref>https://www.standard.co.uk/sport/football/man-utd-takeover-explained-bidders-cost-deadline-tonight-b1060705.html<nowiki/>https://www.manchestereveningnews.co.uk/sport/football/football-news/manchester-united-takeover-news-live-27334126</ref> | Manchester United FC is currently accepting bids for the sale of the club. The current owners value the club at 6 billion pounds. There are two bidders who are currently in the lead. The first bid is led by Sir Jim Ratcliffe, the CEO of Ineos group and the richest man in the UK, and the second one is led by Sheikh Jassim of Qatar, who also owns the French league winners- Paris St. Germain. Both bids have their advantages. The one led by Sir Jim Ratcliffe is appealing as it is led by a British person who has known and loved the club ever since he was a child. There is also the fact that the fans are sick of the club's American ownership which has been running the club simply as a cash cow rather than as a football club determined to win trophies. A local citizen owning the club thus has a huge fan backing. He also plans to purchase only a part of the club with the Glazer family maintaining a minority stake. On the other hand, the Qatari group has nearly unlimited funds and have already promised to keep aside funds for the stadium redevelopment and new player acquisitions. They alo own several other football clubs and such a deal has a potential for achieving positive synergy. It involves completely buying out the cub and wiping its debt clean for an estimated bid price of 5.5 billion pounds.<ref>https://www.standard.co.uk/sport/football/man-utd-takeover-explained-bidders-cost-deadline-tonight-b1060705.html<nowiki/>https://www.manchestereveningnews.co.uk/sport/football/football-news/manchester-united-takeover-news-live-27334126</ref> | ||
== SWOT Analysis == | == SWOT Analysis == |