After it was announced that Manchester United were being put up for sale, reports suggest that the Glazer family is looking for a world-record bid to offload the club.
Earlier this week, after an erratic 17-year tenure as United owners, the Glazers officially announced their intention to sell the 20-time English champions.
With Fenway Sports Group (FSG) also recently declaring their plan to sell Liverpool, their compatriots at Old Trafford have now followed suit as they look to capitalise on their 2005 investment.
According to City A.M, the recent acquisition of Chelsea by Todd Boehly and his consortium has raised eyebrows among executives in the Premier League.
The price for the west Londoners surprised many, including FSG and the Glazers, and now the United owners have enlisted the services of the same company that facilitated the Blues takeover in the hopes of achieving a world-record sale of the club.
The Glazers, who also own NFL franchise the Tampa Bay Buccaneers, are said to want between £6 billion (R123 billion) and £8 billion (R165 billion), which would make the Mancunians the most expensive sports team ever bought.
While the commercial appeal of buying a team like the Premier League giants is at an all-time high, the above figures will likely put many investors off, with the same report suggesting that Joel Glazer might have to lower his price if he wants a successful and seamless sale.
While not many are able to afford such an astronomical figure, the pool of suitors is set to shrink even more given that United are a public company.
This means that any bid that comes in would have to be made public, along with the prospective owners' intentions for the club, a level of transparency that might put some off.
You must be SIGNED IN to read and post comments.