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I have a feeling a £790 million takeover is on the cards and United might just accept it.
Discuss.
According to SSN Man U will not be able to reniew their license to enter the Champions League if they are under a huge amount of debt.
I wish that nob would pish off.
The reason he's trying to make money back is so his family doesn't have to put up with the kind of debt he's suffered. He's only rich in assets - not like Abramovich, who's just plain rich.
If he sold all his shares in all the companies he owns, he'd have a crapload of money. But he wants more from each of them, so he's not going to do that.
He's 76 aint he? I doubt he has any long term plans for the club, cant have many years left himself.
He's offering silly amounts of money to buy out shareholders who happily accept their new fat pension funds.
Apparently the sweetner for this takeover is £20 mill transfer money, but this will probably a part of the £300 mill debt he will bring to the club :/
Closing in on 75% now.