Man United set up shop with fancy lounge in Swiss Alps

| Reuters

Manchester United set out a dazzling Davos shop front this week, but insisted its lounge was to entertain clients and partners rather than attract buyers for the English soccer club. In November, United said it was looking at options to either get new investment or explore a potential sale, 17 years after the Glazer family bought the 20-times top flight champions. There has been no update since, amid British media reports that bids from the US, Middle East and Asia are expected to come in within the next month. Ellie Norman, a spokesperson for the club, said the lounge was “definitely not” aimed at attracting buyers, and would be used to meet existing clients and partners. The strategic review was an ongoing process, Norman said, adding “we don’t know the…

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Post (Digital) - 1 Issue, 2023-01-18

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