Friday, March 31, 2023

FINANCIAL EXPERTS SAY THAT SIX BILLION POUNDS FOR MANCHESTER UNITED IS FAR TO HIGH>

 Financial experts are saying that the Glazers valuation of Manchester United  at six billion pounds is clearly far too much. A price of  2.8 or 3,three billion pounds is more realistic.

 Firstly people say Manchester United  was never a club in debt till the  late Malcolm Glazer purchased the club. , he took a huge loan to buy the club Manchester United.

 Now that debt  the Glazers are paying the huge interest  since 2005.

 Today the club's huge debt stans from 477 four handed and seventy seven million pounds to a new high. of 533, five hundred and thirty-three million pounds. A reason for tuis is tat the pound has fallen steeply to the Dollar.

 But the question I ask is  if the price for Manchester United was far too much then why did Sir Jim Ratcliffe and Jassim Hamad bin Al Tani make a second bid of 5, five billion pounds here?

 And do not forget the sale of Jerseys will fall drastically as Cristiano Ronaldo has left ManchesterUnited , in one year he sold three million jerseys the most in the world.

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