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Dubai eyeing stunning Manchester United takeover amid '$10.6bn bid' reports

Chris Byfield

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| Last updated 

Dubai eyeing stunning Manchester United takeover amid '$10.6bn bid' reports

Dubai investors are eyeing a stunning takeover of Manchester United amid news the Glazers are willing to sell the Premier League club, according to a report.

Man Utd’s controversial owners, the Glazers, yesterday said they are considering selling the club as they "explore strategic alternatives".

The Americans controversially bought the club for £790million ($1.34billion) in 2005, and their ownership has been the target of protest from fans ever since.

A statement from the club said the board will "consider all strategic alternatives, including new investment into the club, a sale, or other transactions involving the company".

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Furthermore, the process "will include an assessment of several initiatives to strengthen the club, including stadium and infrastructure redevelopment, and expansion of the club's commercial operations on a global scale" to enhance "the long-term success of the club's men's, women's and academy teams, and bringing benefits to fans and other stakeholders".

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There has been much speculation over who may be willing to buy Man Utd.

Is Dubai keen on purchasing Man Utd?

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According to a report from Arabian Business, Dubai is likely to be among the interested buyers in Man Utd.

The report sensationally claims that Dubai investors could make a $10.6billion (£8.8billion) bid for the club - a figure that would surpass the biggest price ever paid for a sports team by a distance.

While such an offer on Man Utd seems unlikely, Dubai has repeatedly been linked with a move to buy the club.

Indeed, the publication noted that in September there was a series of reports claiming Dubai’s sovereign wealth fund would be a potential bidder for Man Utd if the club became available.

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Reports claim that the Glazers would sell Man Utd for anywhere between £5billion and £9billion.

Featured Image Credit: Alamy

Topics: Football, Manchester United, Premier League

Chris Byfield
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