Between the Lines

"Of all unimportant subjects, football is the most important" – Pope John Paul II

Who are you kidding, Malcolm?

Posted by hakanrylander on February 25, 2011

Manchester United is not for sale and the owners will not entertain any offers.”

This statement accompanied today’s release of the second-quarter financial results. All very official. But not true.

So far there hasn’t been even the slightest hint of an emotional connection between the Glazers and Manchester United. This means that an old business truth is still valid in this case; all assets are for sale at a price. It also means that today’s statement is nonsense.

The Entertainer?

For a take-over to happen will need an investor with deep pockets and an even more optimistic outlook than the Glazers on United’s future revenues. Which looks unlikely at this moment. But of course our esteemed owners are willing to do business at some level. The club might not be for sale at £1.5 billion. But if they received an offer of, say, £2.0 billion I can assure you that the owners would have a look at it. They might even entertain it.

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