Apple’s Man Utd takeover: Tech giant’s verdict, Tim Cook’s ‘vision’, Glazers valuation,

Manchester United remain up for sale after The Glazers decided to pursue investment possibilities in the club,

The Glazers are not exclusively looking for a full takeover, but it seems their ears are open, much like the situation not too far from Old Trafford, at Liverpool. A number of potential buyers have been tipped to make a bid, but so far, there have been more parties who have ruled themselves out than expressed genuine interest in making an offer.

One of the linked buyers is tech giant Apple, who have an astonishing company valuation, able to meet the Glazers’ demands and company. But what is the situation surrounding the iPhone pioneers?

We take a look below...

Initial reports

Reports of Apple being interested in buying United emerged in November, when SportBible and others claimed Applie chief Tim Cook was exploring what the purchase of United could offer to Apple.

It was claimed Apple were interested in making a £5.8billion bid, and that talks were being lined up with Red Devils chiefs. The report claimed that Apple already had a vision for United, planning to build a new state-of-the-art stadium to replace Old Trafford.

Valuation and Apple net worth

According to Forbes, United are valued at £3.7billion, while the Glazers were said to be looking for around £8.25billion for a complete sale. Though, reports have since claimed the Glazers have been told that expectation is unrealistic.

Still, it’s claimed by The Athletic that the asking price for a takeover of United will still be between £6billion and £7billion.

Apple are valued at £2.4trillion by Forbes, so they could certainly manage a purchase of United, often acquiring other companies as part of their business.

Apple verdict

Despite reports claiming interest, The Athletic say Apple have ‘no interest in making a bid’.

It’s claimed United are not on the table for the tech giants, who have joined a number of other parties in ruling out a bid amid news of the number the Glazers value the club at. There is still the possibility of a partial takeover or significant investment, but it seems Apple won’t be a source of investment.