American multinational technology company Amazon has been 'linked' with a takeover at Manchester United.
According to reports made via The Athletic, the e-commerce expert is open to the possibility of taking over at Old Trafford, despite claims that the price tag set by Raine Group of $6-7bn (£4.8n-£5.6bn) is far too high.
Whilst fellow Premier League rivals Liverpool are also on the lookout for new investors, it is worth noting Chelsea's recent takeover via US tycoon Todd Boehly was agreed at a price of $2bn earlier this year. There has been no solid advancement following the statement made by United just last month, with Apple and Zara also mooted as potentially being interested.
With the Premier League set to spring back into action later this month, United will hope to continue their recent good form under Erik ten Hag, as takeover talk continues. The Manchester Evening News takes a look at the latest news.
With Amazon as mentioned being linked with a potential takeover, the talk of anything more has been brushed off by the company, with of course any potential talks regarding such matters under strict NDA agreements. A spokesperson said: “Amazon declined to comment on rumour and speculation.”
Having been valued at around $6-7bn by Raine Group, Forbes sees a valuation to be around the $4.6bn mark at present. If we compare this to Liverpool's current estimate, the Merseysiders are valued in a similar region of $4.45bn. Both clubs are seeking new investors, with competition seemingly fierce as to who can strike up a deal the quickest.
Having not made any further statements since the announcement the family were "exploring strategic alternatives,'' just last month, the Glazers continue to oversee operations until a new buyer is found.
The full statement, made by the club's website read: "Manchester United announces today that the board is commencing a process to explore strategic alternatives for the club.
"The process is designed to enhance the club's future growth, with the ultimate goal of positioning the club to capitalize on opportunities both on the pitch and commercially.
"As part of this process, the board will consider all strategic alternatives, including new investment into the club, a sale, or other transactions involving the company."
Apple, Zara, Sir Jim Ratcliffe and Elon Musk have all been names thrown into the proverbial hat, with speculation continuing regarding the club's next step. Ratcliffe was also said to be interested in any such deal with Liverpool, with MMA star Conor McGregor also tweeting his potential interest too in the past.