Bloomberg @business @bopinion tech, media and telecoms columnist, back in London after stints in the US and Germany. Opinions be mine.
Tl;dr? The owners of Man Utd and Arsenal have theoretically valuable assets on their hands. But because they generate almost no profits yet are still valued in the billions, they're almost impossible to sell. The only option is really to sell off little chunks occasionally.
Basically, you need an irrational buyer: a fan with money to burn or a sovereign wealth fund looking to burnish their reputation. And there are no fans who can afford to write a multi-billion dollar cheque with no regard for whether the team will ever make a profit.
Oh and one more thing: I estimate the Glazers have made an almost 500% return on their initial investment. They put in at most £272 million ($507m in 2006 dollars) of their own cash, though there may have been more leverage behind that. That's now worth about $2.4 billion.
Here's the car that #Apple 's using to test its autonomous car technology. Story with .
"When the president uses FaceTime to say he's in charge of the country, it's hard to believe he's still in charge."
It's an incredibly canny play. Rather than approaching a club and asking to make a documentary, with all the legal and financial hurdles that entails, just buy the friggin club! And do it on the cheap! Demand for sports documentaries from OTT platforms is soaring. 5/