The reality is that Man united was only that shiny new red Ferrari two decades ago, now however after the complete derelict of management by the most parasitic of owners, that Ferrari has been left to rust, never serviced and more importantly was highly financed and then refinanced again so now you have a rapidly deprecating asset that you still haven’t paid for in its full entirety and it keeps loosing money.
Why because 10 years ago when it was still at relative optimum power and performance, you could put it on the race track and it would always be in a finish for first or second, always at the top of the grid, never in the second or third starting grid positions.
The owners employed a few poor mechanics who bought the wrong parts for the car and basically left it to deteriorate why the owners kept milking funds from fading sponsors until finally the money ran out and they were left with a Ferrari which was only in name that top brand, rusting, spluttering to drive at top speed it became a vintage museum piece. The owners now desperate to sell and recoup the investment their daddy and banks had paid, thought they would give it a new lick of paint, four new tyres and new horn, to convince the buying world it’s as good as new.
Guess what only a few buyers through nostalgia showed any interest and only offered 75/80% of what the greedy owners wanted, so dissatisfied with this they threatened to stop the sale and vow to come back again when they rebuilt the chassis , suspension and buy a brand new shiny garage to store it. Four of the Six Owners could see this was madness so they jumped at the first minority buyer to offer them money and left the other two to continue the project, for the other 2 only to realise In 12 months they had no money, we’re going to get no money from new stake holders and the car was repossessed , where a very wealthy Sheikh who had offered 80% previously now bought the car for 25% and he vowed to rebuild it from scratch to its original splendour.
My point is the world right now is not somewhere where you go throwing around £6-7bn even if your a Shekh, due diligence is done for a reason and with the huge debt around the club, £5-5.5bn is an incredible offer for the club right now, I see SJ pulling early out next, SJR trying to maybe do a deal with a Hedge fund and offering £5.5bn take it or leave it ?