Saudi Prince re-affirms bid in Man Utd takeover

first_img Loading… Saudi Prince Mohammed bin Salman has reportedly performed a U-turn over Newcastle as he instead eyes up a Manchester United takeover. Bin Salman was linked with a takeover of the Red Devils last year via Saudi Arabia’s Public Investment Fund, his key investment tool. But details of negotiations with Premier League rivals Newcastle United were leaked last month with British financier Amanda Staveley leading a consortium heavily backed by Bin Salman. The Sunday Mirror exclusively revealed earlier this month that the Saudi Crown Prince still had not given up interest on United. And the Shields Gazette now claim he has cooled his interest in Newcastle and could now turn his attentions to the Red Devils, considering them “a Premier League jewel in the crown, rather than relegation contenders”.A move to try and acquire Manchester United from the Glazer Family could now be on their radar, although the club is valued at a huge level of around £3billion.Advertisement Prince Mohammed’s economic reform plans for Saudi Arabia have featured a major focus on sport and entertainment, including taking Anthony Joshua’s rematch with Andy Ruiz Jr to the country last year in a money-spinning bout. He was prepared to pay around £3.5billion for United 18 months ago only for the Glazers to insist they were not open for offers. But their latest financial figures showed the staggering affect that no Champions League football has had on the club, with broadcast revenue dropping by £39million and matchday revenue down by 15%. Read Also:EPL: Newcastle in takeover talks with Saudi Crown Prince after Man Utd bids Net debt has also risen by £73.6million over the financial year with Prince Mohammed hoping they could have a change of heart as he considers a lucrative takeover bid. FacebookTwitterWhatsAppEmail分享 Promoted ContentThese Hilariously Creative Shower Curtains Will Make Your Day7 Black Hole Facts That Will Change Your View Of The UniverseFantastic-Looking (and Probably Delicious) Bread ArtRevealed: 6 Hidden Secrets Of The Great Wall Of ChinaPortuguese Street Artist Creates Hyper-Realistic 3D GraffitiWhat Happens To Your Brain When You Play Too Much Video Games?9 Iconic Roles That Could Have Been Played By Different ActorsBirds Enjoy Living In A Gallery Space Created For Them7 Ways To Understand Your Girlfriend Better2020 Tattoo Trends: Here’s What You’ll See This Year8 Fascinating Facts About CoffeeThe Very Last Bitcoin Will Be Mined Around 2140. Read Morelast_img

Leave a Reply

Your email address will not be published. Required fields are marked *