Saudi Arabia has submitted a bid for British soccer club Manchester United PLC ahead of Friday's deadline, the Telegraph reported on Thursday.
The Office of the Qatari Royal and Manchester United did not immediately respond to a Reuters request for comment on the Bloomberg report.
A deal for the record 13-times English Premier League winners will likely exceed the biggest sports deal so far, the $5.2 billion - including debt and investments - paid for Chelsea, the sources added.A small portion of Manchester United shares is listed in the United States with a market capitalization of more than $4 billion, as of Wednesday's close.Our Standards:
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