Qatar want to make Man Utd the most expensive sports franchise in history: Who’s actually paying and why it may not be enough
Alamy | Manchester United in their 3-0 Premier League win against Leicester.
Sheikh Jassim’s $4.8 billion bid would be a world record for a sports franchise, but it may not be enough to tempt United’s current owners.
Glazer family are reportedly seeking at least $6 billion for the club, which would be consistent with US sports franchise EV/ revenue multiples, but behind the overall curve of current booming prices.
Why it matters: United’s prospective sale is a once in a generation opportunity for the right buyer, but is it ultimately a seller’s market?
The perspective: Sheikh Jassim’s advisors are emphasising that he is using his personal wealth to buy the club, but the foundation through which he is using seemingly has no footprint.
20 February 2023 - 5:58 PM
The £4 billion ($4.8 billion) bid tabled by a Qatari banker for Manchester United last week would shatter the record set for a sports franchise, but falls below the revenue multiples set in recent US sports M&A valuations and deals a leading analyst tells Off The Pitch.
Questions have also been raised about the source of funds for the deal, after a foundation being used as a veh
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