English football club, Manchester United has received a massive £3.8BILLION takeover bid from Saudi Crowned Prince Mohammad bin Salman.
The Saudi royal family, who is worth a whopping £850bn, are hoping to woo United’s current owners the Glazers into selling off the club before the beginning of next season.
The proposed takeover bid comes after Manchester United chiefs have been spotted spending a lot of time in Saudi Arabia, according to my sources.
Sources close to the Glazer family revealed that they don’t want to sell the club but an offer that big could certainly sway them into giving in.
The American owners purchased the Red Devils in 2003 for £790m but if they decided to accept Bin Salman’s offer, the Glazers would bank a huge £2.2bn profit.
The Saudi Prince has previously been linked with buying United last year but sources insisted the club is not for sale, especially after Bin Salman became embroiled over the death of Saudi author Jamal Khashoggi.
The £3.8bn valuation from the Saudi Prince is based on United’s ability to secure the Champions League football next season.
Purchasing Manchester United would push out the Saudi family’s intent to rival Man City as the best team in English and world football.
City, who are owned by Sheikh Mansour of the Abu Dhabi royal family, has guided Manchester City to become one of the world’s best football team after big investments were made over the past 10 years.