As reported by SkySports, Amancio Ortega, the owner of the Inditex conglomerate, who also controls the fashion retailer Zara, is interested in taking over Manchester United.
Forbes estimates that the 86-year-old is worth $61.3 billion. It is believed that he has told senior officials that he is interested in the English giants.
Maria Ortega Perez, who is Ortega’s daughter, is the chairwoman of the Zara clothing brand. Ortega owns 59% of Inditex. The eight retail locations are run by his Artexio company, which brought in €27.7 billion in sales during the year ending January 31, 2022.
Ortega has avoided investing in the world of sports in favour of real estate in Madrid, Barcelona, London, Chicago, Miami, and New York. Apple, one of the world’s largest technology companies, is also thought to be considering a takeover after United’s owners, the Glazer family, confirmed they were open to selling the team.
Since its founding in 1976 by the late Steve Jobs, Steve Wozniak, and Ronald Wayne, Apple, which invented the iPod, iPhone, and MacBook devices, has grown to become the largest technology business in the world.
The news that the Glazer family is considering selling United on Tuesday night rapidly sparked interest among the wealthiest billionaires.
Another potential candidate, Sir Jim Ratcliffe who is Britain’s richest man has declined to comment on the ongoing sale saga.
