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Thursday briefing: Manchester United bids attract financing offers from Ares

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23 February 2023 - 4:30 AM

American buyout financier Ares Management Corp has been offering funds to support a takeover of Manchester United, Reuters reports.

The firm is the latest US asset manager to seek a financing role in the race to buy the Premier League club. Hedge fund Elliot Management is also looking to finance a bid, having ruled out a full takeover of the club. Oaktree Capital is also reported to have offered financing to bidders.

A source told Reuters that Ares, which oversees rou

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