Monday, December 14, 2009

Rumor Mill: Man Utd for Sale?




The transfer windows are when most of the football rumors are floated around the interwebs, but it seems that someone has gotten the jump on the gossip usually reserved for January. There are reports that a group of Chinese businessmen have a bid ready to buy Manchester United for over 1 billion pounds! That is absolutely absurd. While seemingly ridiculous, it might be somewhat believable for a couple of reasons. One is that the club currently has debt in excess of 700 million pounds which it has had some difficulty refinancing. The other reason being that we have seen similar big sales in the last couple of years, including Chelsea and Manchester City to Russian and Middle Eastern billionaires. Let's see what the Glazers (Americans who also own the Tampa Bay Bucs) decide to do.

Is the offer even real? Is it too good to pass up? Are Gillette and Hicks wishing the Chinese would approach them for a sale? We'll find out soon enough.

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