British media: Chinese consortium ready to make 1 billion pound bid for Manchester United

According to the UK's News of the World, a "mysterious Chinese consortium" is preparing a 1 billion pound takeover bid for English Premier League club Manchester United.

According to the report, the consortium's headquarters is in Bangkok, Thailand, and is composed of 6 millionaire businessmen. The deal has been discussed for three months. A source said, "All funds are in place, and they are ready to contact the Manchester United boss Malcolm Glazer. If Manchester United can be bought, then now is the time. If all goes well, this will be the largest acquisition in the history of football. "

Reports also said that if Glazer does not want to sell the whole club, this mysterious consortium is willing to buy a stake in Manchester United.

By People's Daily Online