(RTTNews) - Apple Inc. (AAPL) has expressed interest in buying UK soccer team Manchester United for 5.8 billion pounds, according to several media reports citing people familiar with the matter.
A number of other parties also said to be interested in the potential acquisition.
Apple CEO Tim Cook is keen to explore the opportunities owning United could provide - and will line up talks with the banks appointed to oversee the sale, the reports said.
On Tuesday, Manchester United said that its board commenced a process to explore strategic alternatives for the club. It would consider all strategic alternatives, including new investment into the club, a sale, or other transactions involving the company.
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