• Loading stock data...
Saturday, April 19, 2025

Billionaire Lines Up Big Banks for Manchester United Bid

  • Sir Jim Ratcliffe has tapped Goldman Sachs and JPMorgan to assist in his bid for Manchester United.
  • The banks are ready to cover the team’s $800 million debt.
Premier League club Manchester United
MUFC

British billionaire Sir Jim Ratcliffe is tapping some of the world’s largest banks to back his bid for Manchester United.

Bloomberg reports that Ratcliffe is working with Goldman Sachs and JPMorgan as he prepares for some exceptionally well-heeled competition. Ratcliffe has a net worth of around $16.1 billion.

  • The banks are ready to issue bonds and loans to back Ratcliffe’s bid.
  • They would cover Manchester United’s debt of around $800 million.
  • The team’s owners, the Glazer family, were initially seeking around $7.3 billion for the Premier League club. A price of $5.5 billion is believed to be more realistic.

Bids are due by Feb. 17. The sale is being handled by merchant bank Raine, which also managed last year’s sale of Chelsea.

Manchester United players celebrate.

Full Takeover Bid for Manchester United Expected Within Days

A group of Qatari investors is expected to bid for Manchester United.
February 8, 2023

Qatar Cuts In

A group of investors from 2022 World Cup host Qatar are reportedly preparing a bid intended to top all others by a wide margin.

The group is separate from the state-owned Qatar Sports Investments, which owns Paris Saint-Germain. QSI has looked into making a play for Manchester United, Liverpool, or Tottenham Hotspur, according to Bloomberg. 

Liverpool owners Fenway Sports Group had been exploring a sale, but may opt instead to sell a stake in FSG to raise more than $1 billion.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Netflix

Netflix Rises While Markets Slide—Thanks in Part to Live Sports

The streaming giant beats financial expectations as its sports presence grows.

PGA Tour Will Emulate MLB Pitch Clock in Push to Speed Up..

Distance-measuring devices will be used on a preliminary basis.

Leafs vs. Senators: Old Guard Meets New Money in Battle of Ontario

The Maple Leafs-Senators clash has many David-and-Goliath themes.

Featured Today

Dec 9, 2024; Toronto, Ontario, CAN; New York Knicks guard Jalen Brunson (11) watches as center Karl-Anthony Towns (32) celebrates after making a three point basket to clinch a win against the Toronto Raptors near the end of the fourth quarter at Scotiabank Arena

Same Owner, New Knicks: New York’s Remarkable Rebound

The franchise’s renaissance didn’t happen overnight.
Masters
April 18, 2025

Why The Masters Quietly Cracked Down on Ticket Resellers

Insiders expect big changes are coming to ticketing at Augusta National.
exclusive
April 16, 2025

Inside Nico Iamaleava’s Ugly Breakup With Tennessee

Iamaleava’s representatives claim to FOS he didn’t push for more NIL money.
Jul 29, 2024; Villeneuve-d'Ascq, France; France center Dominique Malonga (14) and guard Marine Johannes (23) celebrate after defeating Canada during the Paris 2024 Olympic Summer Games at Stade Pierre-Mauroy
April 13, 2025

‘Has to Change’: The WNBA’s International Player Problem

As more global stars arrive, the “prioritization” rule is causing tension.

Peyton Manning’s Omaha Productions Gets PE Boost

The Hall of Famer’s company gains another prominent backer.
March 20, 2025

Maxx Crosby’s Agent: Edge Rushers Set to Dominate NFL’s Non-QB Market

Maxx Crosby just signed a three-year, $106.5 million extension.
March 20, 2025

High School Sports Power Signs Eight-Figure Rights Deal in First

The deal pays roughly $1 million annually, FOS has learned.
Sponsored

Game On: Portfolio Players Stories, Brought to You by E*TRADE from Morgan Stanley

This week, Two-time Super Bowl Champion and CBS NFL analyst Logan Ryan joins us to talk the business of sports on our third installment of Portfolio Players.
March 4, 2025

Eagles Make Saquon Barkley NFL’s Highest-Paid Running Back Ever

Barkley is coming off a historic 2024 season with the Eagles.
February 18, 2025

Tiger Woods Signs First PGA Tour Player to Wear Sun Day Red

Karl Vilips will wear Sun Day Red at his season debut at the Mexico Open.
Teammates embrace during matchup in The Hundred cricket league
February 15, 2025

Google, Microsoft, Adobe CEOs Buy Stakes in Cricket League

The England and Wales Cricket Board raised £520m by selling team stakes.
Jul 30, 2022; Pasadena California, USA; Juventus forward forward Dusan Vlahovic (9) and Real Madrid forward Vinicius Jose Paixao (20) battle for the ball in the first half during an international friendly at the Rose Bowl.
February 14, 2025

‘Make Juventus Great Again’: Crypto Firm Tether Buys Stake in Soccer Club

Tether is just one of many crypto firms making sports investments.