City
Epaper

Apple, Spanish billionaire Ortega line-up to buy Manchester United: Report

By IANS | Updated: November 24, 2022 20:55 IST

London, Nov 24 The California-based tech giant Apple and Spanish billionaire Amancio Ortega, the founder of clothing brand ...

Open in App

London, Nov 24 The California-based tech giant Apple and Spanish billionaire Amancio Ortega, the founder of clothing brand Zara and the 19th richest man in the world, have reportedly thrown their hats in the ring to buy famous English football club Manchester United.

According to a report the largest tech company in the world wants to add Manchester United to its portfolio with a probable £5.8 billion takeover from the owners, Glazers.

The Manchester Evening News has detailed that Ortega has 'already spoken to Old Trafford executives' to declare his interest in buying United.

Earlier, it has been confirmed that the Glazers have decided to put the club up for sale, 17 years after the American family bought the Red Devils. The Glazers bought United in 2005 but went on to become hugely unpopular. The tipping point came in the wake of the club's involvement in the failed European Super League proposal and subsequent criticism that followed.

Manchester United announced in a statement that the owners were exploring "strategic alternatives" and it is understood they will sell to the highest bidder. The Glazers had initially set an asking price of £8.25 billion, as exclusively revealed by Daily Star Sport, but have been told this is unrealistic in the current market.

According to the Daily Star, bosses at Apple have expressed an interest in discussing a potential deal to buy United.

However, Apple has no experience of owning a football club the size of United, although CEO Tim Cook is keen to explore the opportunities owning United could provide. He will line up talks with the banks appointed to oversee the sale, which includes The Raine Group.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Amancio OrtegaappleTim CookManchester UnitedSupport companyApple educationApple app storesStoreApple india store onlineDonald cookIhha
Open in App

Related Stories

MumbaiApple Opens Second Mumbai Store at Sky City Mall, Borivali; Expands Retail Presence in India

TechnologyiOS 26.2 Update: New Privacy Controls, Smarter Notifications; All You Need to Know About Latest iPhone OS Features

NationalApple Opposes Mandatory Cyber App Installation Amid Surveillance Concerns

TechnologyApple Layoffs: iPhone Maker Cuts Jobs Across Sales Segment, Says Report

TechnologyIT Layoffs 2025: Microsoft, Google, Apple Among 284 Tech Companies That Cut Jobs in First 5 Months

Football Realted Stories

FootballFormer Arsenal goalkeeper Alexander Manninger passes away at 48

FootballISL: 10-man East Bengal fight back thrice to hold Bengaluru FC

FootballISL: SC Delhi aim to extend their run vs Chennaiyin; Mohammedan Sporting face Odisha FC

FootballIFL: With stakes high at the bottom, Namdhari, Chanmari eye turnaround

FootballIWL 2025-26 phase 2 to kick off on April 27 in Kolkata