Apple can buy Manchester United
consequences daystar, Apple is one of the customers looking to buy Manchester United. Apple CEO Tim Cook is reportedly investigating possible ownership of Manchester United and is in talks with the bank and Raine Group, the entity appointed as exclusive financial advisor, to oversee the process of finding and handing over the club to a new owner . .
Additionally, if an agreement is reached, Apple could build a new state-of-the-art stadium for Manchester United. The MU Old Trafford is currently in need of renovation. The Glazers, current owners, are torn between restoration or new construction.
Apple and Manchester United have not yet responded to this information.
Apple CEO Tim Cook at an event in June 2021. Image: Reuters
Apple has never bought a major sports club, but Manchester United’s commercial potential is seen as a key driver of the tech giant’s interest, such as helping Apple TV+ expand football’s reach. Apple is broadcasting the American Professional Soccer League instead of the English Premier League.
The Glazers originally wanted to sell the club for £9bn but then decided to sell it to the highest bidder. Apple is currently the world’s most valuable company with annual revenue exceeding $2.4 trillion and $395 billion, while Manchester United forbes It is considered the fourth most valuable club in the world and has 1.1 billion fans worldwide.
In addition to Apple, David Beckham is also planning to buy Manchester United.
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