Manchester United’s value has shot up by 30 per cent over the past year with the club up for sale, according to Forbes. It puts the Reds as the second most valuable football outfit in the world at $6billon (£4.83bn), just behind Real Madrid on $6.07bn (£4.88bn).
United’s price has rapidly increased from last year’s $4.6bn (£3.7bn) estimation. Only Paris Saint-Germain are said to have experienced a greater inflation, growing from £2.57bn to £3.37bn (32 per cent) albeit are operating on an income loss of £176million.
In contrast, United attain an operating turnaround of £87m. ALSO READ: Manchester United agree personal terms with Mason Mount It looks as though the takeover process will edge into the summer as bidders Sheikh Jassim bin Hamad al-Thani and Sir Jim Ratcliffe battle for a purchase.
Sheikh Jassim wishes to take 100 per cent full control while Sir Jim wishes to attain the Glazers’ 69 per cent majority. Reports suggest the latter is leaning the race with a proposal which sees Avram and Joel Glazer stay on as minority shareholders.