Apple is said to be interested in buying the British sports club Manchester United. This is reported by the British daily newspaper DailyStar – but without citing sources. Only in the past few days has it become known that the previous owner family Glazer is considering “strategic options” including selling the Premier League club.
“CEO Tim Cook is keen to explore the opportunities that owning United could offer,” he wrote DailyStar on Thursday. Cook wants to start talks with the banks that are mandated with the sale. The Apple CEO’s plans would also include the construction of a new, modern stadium – the “best in the world”.
The tabloid also wants to know the alleged purchase price that Cook is said to be willing to pay: 5.8 billion pounds – the equivalent of around 6.8 billion euros or 7.0 billion US dollars.
The club’s current owners, the US billionaire family Glazer, initially asked for £8.25 billion, which is unrealistically high in the current environment, the Daily Star continues. Ultimately, the Glazers are probably willing to sell the highest bidder.
The article does not say where this information came from. Neither Apple nor Manchester United (ManU) have commented on this so far. It is also questionable why Apple should buy a football club – especially since the company has recently been extremely reluctant to make major acquisitions. Even the newspaper admits that the tech giant has not yet had any experience in this area.
ManU shares in rally mode for days
Only this week it became known that the owners, who are extremely unpopular with the fans, are considering selling the traditional club. Manchester United’s shares, listed in New York, then literally exploded: In the past two trading days, they went up almost 45 percent. However, the Apple rumors initially do not provide any new impetus – today, Thursday, there will be no trading on Wall Street due to a holiday.
Manchester United PLC
According to DER AKTIONÄR, the rumors should initially be treated with caution. It is quite possible that the wish is the father of the thought here – or that the market value should be driven up a bit before a possible sale.
After the strong price jump in ManU shares, a setback seems inevitable. Newcomers should therefore remain on their guard. Meanwhile, Apple stock remains a staple investment for long-term investors.
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The CEO and majority owner of the publisher Börsenmedien AG, Mr. Bernd Förtsch, has taken direct and indirect positions on the following financial instruments mentioned in the publication or related derivatives that may benefit from any price development resulting from the publication: Apple.
The author holds direct positions on the following financial instruments mentioned in the publication or related derivatives that can benefit from any price development resulting from the publication: Apple.