13-12-2009, 06:22 PM
A CONSORTIUM of Far East businessmen have put together a £1 BILLION deal to buy Manchester United.
The group of six billionaires have spent three months on a deal they hope is too good for Malcolm Glazer to reject.
Two consortium members are keen United fans who have twice visited Old Trafford this year to watch Sir Alex Ferguson and his players in Premier League action.
Based in Bangkok, the consortium wants to buy out the Glazer family and put an end to the financial balancing act which has engulfed the world's biggest football club.
A financial source in Bangkok said: "All the finances are in place and they are ready to approach the Glazers.
"They have done their homework down to the minutest detail and realise the Glazers are under pressure to service their mounting debts.
"If ever there was a time for United to be vulnerable to a buyout, it is now."
Our source added: "Make no mistake, this could be the biggest football deal of all time.
"Roman Abramovich's investment in Chelsea will be nothing compared to this. If the Glazers are ready to sell, the money is absolutely on the table."
The consortium would also be willing to take a part-share in United if the Glazers did not want to relinquish total control.
scourse - news of the world
The group of six billionaires have spent three months on a deal they hope is too good for Malcolm Glazer to reject.
Two consortium members are keen United fans who have twice visited Old Trafford this year to watch Sir Alex Ferguson and his players in Premier League action.
Based in Bangkok, the consortium wants to buy out the Glazer family and put an end to the financial balancing act which has engulfed the world's biggest football club.
A financial source in Bangkok said: "All the finances are in place and they are ready to approach the Glazers.
"They have done their homework down to the minutest detail and realise the Glazers are under pressure to service their mounting debts.
"If ever there was a time for United to be vulnerable to a buyout, it is now."
Our source added: "Make no mistake, this could be the biggest football deal of all time.
"Roman Abramovich's investment in Chelsea will be nothing compared to this. If the Glazers are ready to sell, the money is absolutely on the table."
The consortium would also be willing to take a part-share in United if the Glazers did not want to relinquish total control.
scourse - news of the world