Saudi Arabia may buy Manchester United
2022.11.25 10:45
Saudi Arabia may buy Manchester United
Budrigannews.com – Manchester United plcshares bounced again on Friday after remarks from Saudi Arabia Sports serve Sovereign Abdulaziz canister Turki Al-Faisal that they believe their financial backers should get Manchester Joined as well as FSG-possessed Liverpool.
The Saudi Arabian sports minister told Sky News that he hoped both clubs could become part of Saudi Arabia.He said, “I hope so, if there are investors and the numbers add up, and it makes a good business,” adding that businesses or the private sector could participate.
After rising by 14% on Tuesday and 25% on Wednesday due to the comments, the stock of Manchester United increased by more than 16% on Wednesday.
After being acquired through the Public Investment Fund of Saudi Arabia, Newcastle United, a rival club in the Premier League, already has Saudi Arabian owners.
Ruler Abdulaziz container Turki Al-Faisal added that the Chief Association is awesome and most watched association on the planet, with “stalwart devotees of these groups in the realm.”He argued that the possibility of Saudi ownership of Liverpool and Manchester United would be “a benefit for everyone.”
