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Whilst Manchester United may be struggling on the pitch, they remain a huge global brand off it, with a current market valuation of just over £2 billion (a figure which was substantial higher when Ole Gunnar Solskjaer was made manager on a permanent basis).
Now comes news that members of the Saudi royal family, headed by Crown Prince Mohammed Bin Salman, are ready to make a third bid to buy the club from the current owners, the Glazer family, which have owned United since 2005. Two earlier bids have apparently been rejected, with the second said to have been in the region of £3 billion.
The Glazers have previously said they were not prepared to sell the club at any price, but that stance may be changing, with Kevin Glazer, co-owner and one of the six family sibliings, ready to offer his 13% stake in the club, worth £270 million, on the New York Stock Exchange.
Andy is an exiled English football fan living in Cyprus. He loves all sports but football is his abiding passion, and he still has dreams every now and then about scoring the winning goal in a Wembley Cup Final, even though his playing days are long gone. He follows most major leagues, across Europe at least, and has a favoured team in each. When he’s not watching, listening, reading or downloading podcasts about football, he spend his time worrying about his beloved Arsenal.