Man United Sale: Jim Ratcliffe Taps JPMorgan, Goldman to Advise on Bid

    British billionaire Jim Ratcliffe has lined up banks including Goldman Sachs Group Inc. to provide debt financing for a bid to buy Manchester United FC, a person familiar with the matter said. 

    The banks are prepared to back a takeover offer with bonds and loans, according to the person, who asked not to be identified discussing confidential information. If a bid is made, the banks will cover the value of Manchester United’s existing debt—which stands at roughly $800 million—and potentially go much higher, they said.

    Source link

    Latest articles


    Related articles

    Leave a reply

    Please enter your comment!
    Please enter your name here