Manchester United’s creaking Old Trafford stadium is putting off potential buyer…
Manchester United’s potential suitors are being PUT OFF by the state of Old Trafford with club’s creaking stadium in desperate need of an upgrade… but it would cost investors £200m
- Manchester United owners, the Glazers, would require £2.4billion to sell the club
- Financiers believe only 20 people in the world have a enough net worth to bid
- It would take the sovereign wealth of a Middle East state to buy the Glazers out
- An estimated £200million would be needed to overhaul the Old Trafford stadium
The dreadful state of Old Trafford is an impediment to anyone buying Manchester United from the Glazer family.
That is the view of corporate financiers who have detailed knowledge of the club.
The Glazers, who prize United as one of the few parts of their business empire that makes them money, would require a staggering offer of more than £2.4billion to sell.
Heavy rain pours off the roof of Old Trafford during a football match at the London Olympics
Financers believe an estimated £200million would be required to overhaul the stadium