Debunking the Daily Star‘s baseless rumours, MacRumors has revealed that Apple has no interest in buying English giants Manchester United.
According to the Daily Star article, the technology giants allegedly expressed interest in purchasing the club for GBP 5.8 billion.
However, a new story with first-hand knowledge about the matter has claimed that the news was inaccurate. The announcement follows the Glazer family’s decision that they will end their 17-year rule at Old Trafford, which has been marked by fan unrest and deteriorating performance.
United, which once dominated the Premier League, have been unable to win even a single league title since 2013 and they were also unable to lift any significant trophies in the European competition. The Daily Star had initially reported earlier on Thursday that Apple CEO Tim Cook was in discussions with several banks, including The Raine Group LLC, to supervise the deal. A person with firsthand knowledge of the matter, however, claimed that the allegation was incorrect.
The multinational technology company has been advancing into sports programming, but it has no interest in buying the Red Devils. For the 2022 season, it has a deal with Major League Baseball (MLB) to broadcast weekly games on Apple TV+.
With regard to football, Apple has a 10-year agreement with Major League Soccer (MLS), the top division in the US, which will be made accessible as a standalone MLS Season Pass on the Apple TV app beginning in February 2019.
The Glazers’ initial asking price of GBP 8.25 billion was a “colossal world record,” but they have since been informed that it is unattainable in the current market.
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The venerable Old Trafford stadium is also being considered for renovation. This would necessitate total demolition and complete reconstruction. The stadium would be the most expensive playing field to renovate at a cost of nearly GBP 1.5 billion.
