Manchester United has joined great rival Liverpool in opening its doors to a potential buyout that could be the biggest in sporting history. Maguire, who is also associate professor of football finance at Liverpool University, believes a figure of $4-4.5 billion would be reasonable for United. The late tycoon Malcolm Glazer bought United in 2005 for 790 million pounds (then about $1.4 billion). Gross debt was 636.1 million pounds in United’s latest financial results published in September. Saudi Arabia Sports minister Prince Abdulaziz bin Turki Al-Faisal said this week that he would welcome bids from the country for United and Liverpool.

Source: thestar November 28, 2022 05:06 UTC