The takeover process at Manchester United is set to hit another milestone with Sir Jim Ratcliffe and Sheikh Jassim bin Hamad Al Thani expected to submit improved bids.
A figure of around £5billion has been quoted for the offers – short of the reported £6billion valuation made by the current owners, the Glazer family, but a prospective world record for purchasing a sports team.
Here, the PA news agency looks at the world’s most expensive sporting takeovers.
Denver Broncos
.@F1 is back this weekend! ?
Best of luck to #Broncos Owner @LewisHamilton as he returns to the grid! pic.twitter.com/GRfuhZRTzh
— Denver Broncos (@Broncos) March 2, 2023
NFL side the Denver Broncos were bought by the Walton-Penner Family Ownership Group last summer for 4.65billion US dollars (approximately £3.8billion). The new ownership team was led by Rob Walton, the heir to the fortune of Walmart, the US retailing giant. Lewis Hamilton and former US Secretary of State Condoleezza Rice are also part of the group.