Simon Jordan accuses Glazers of putting off prospective buyers with 7billion valuation of Manchester United MUFC
talkSPORT pundit Jordan says there’s more to why Ratcliffe pulled out of the Man United takeover talks“My understanding was that Man United could be bought for £4bn to £5bn – but with the Chelsea situation and the increase in the market interest towards football, I think the Raine Group now believe Man United is more of a £7bn play, which doesn’t reflect vaguely anywhere near the share price.
“I suspect this is not a matter of the Glazers not being prepared to sell Manchester United, it’s a matter of buying Manchester United for a price you’re not prepared to pay. “Some of the markets and the economists surround football with a degree of contempt as an immature and unreliable industry, but suddenly the banking community is starting to look at it and go, ‘Hmm, media rights, opportunity’ – they’re beginning to scratch the surface and see the opportunity.“The NFL gets £111bn every ten years and the Premier League gets £30bn – the scope could be bigger, better, harder, faster – so let’s look at this sector and be prepared to fund it.
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