Apple offers £5.8bn to buy Man United

United States tech giant, Apple, has joined the race to buy Manchester United.

Manchester United owners, Glazer family, on Tuesday, announced they were ready to sell the club.

With United now available, a report emerged on Thursday that the world’s largest tech company may be interested in acquiring the club for £5.8 million.

Apple has never previously owned a major sports team, but the commercial opportunities provided by United are said to be a primary factor in their interest.

Any potential deal would almost certainly become the most costly acquisition of a football club in history, surpassing the £4.25billion fee a consortium led by Todd Boehly paid for Chelsea earlier this year.

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One major issue facing whomever buys United is Old Trafford, the club’s iconic stadium as the venue has long needed a revamp to compete with the biggest clubs around the world.

It is understood that rebuilding the stadium will cost approximately £1.5bn, making it the most expensive football ground in the world – ahead of Tottenham’s new £1bn stadium.

United moved into the ground nicknamed ‘The Theatre of Dreams’ in 1910 and have called it home ever since.

The stadium was most recently renovated between 2005 and 2006, with 8,000 seats being added.

The Red Devils have not won the Premier League title since Ferguson’s final campaign in 2012/2013 and have failed to win any trophy since 2017.

United currently sit fifth in the Premier League, 11 points behind leaders Arsenal.

The Star