When I hear rumors like this one, it reminds me of former Magellan Fund genius Peter Lynch's wisdom. He called this kind of business activity "diworseification."The most successful companies laser focus on their core competencies and leverage them for maximum profit. An acquisition of a soccer franchise by a technology company is the opposite of that. And at worst are ego projects. Better to leave it to Tim Cook to buy MU himself after he retires, like other billionaires such as Mark Cuban, Paul Allen, or Steve Ballmer.And instead of buying a sports team for $7 Billion and spending another billion of a new stadium, how about returning the $8 billion to us investors??? Hmmm, Tim? Where's my Christmas bonus?
Instead, buy 10-25 midsized game studios and start creating a first-party content slate for Arcade, fully leveraging the Apple Silicon power, and make a minimalist Apple TV follow-up product with an M2 Max.
Can’t see this happening. Apple payed less than half that for Beats, and there was a much more direct line to making profit there (and owning the market for headphones.) Owning any sports team is largely a vanity project. If Apple wants to do a vanity project they build an eye catching store, or they make a prestige TV show. They used to partner with U2 but that became more of a liability than a boon. Apple doesn’t need to own a soccer team, and if they did get into pro sports they’d sooner do it in the US.
Apple should remain laser focused on its own business model. Not go all “Squirrel!” and start buying football clubs. And ironically, buying the rights to “Squirrel” (Disney) actually makes more sense than Man U
It would be a great purchase for Apple. Apple TV+, accessories, apps, retrofit millions potential costumers.Just for you to have an idea. Every day of the World Cup over 220 million people watch. By the end of the World Cup, a total of 5 Billion people would have watch only 30 days of the most played sport in the world and when you have a game, lets say Manchers City VS. Real Madrid, just the 22 players plus the 13 subs, the pay roll is over 1.5 Billion dollars. You van the Champions, The Premier, La Liga, The Euro Cup. It would be a brilliant move for Apple. Forget the car. That is peanuts. Futbol Soccer around the world is a business of hundred of billions of dollars. LETS GO TIM. LETS GO APPLE. Glazer wants a ridiculous number if you pay even 5 Billion and build a new Stadium like the Bernabeu, or Wanda, or Wembley. You would have spent 6 billion. You will have your ROI the moment you sign the contract. I guarantee you it's a dream. Both franchises are a marriage made in heaven. You just have to bring the people that know about futbol. Zidane would be your first coach and keep Ronaldo two more years. Trust me. It's the best news Apple can deliver to its share holders in the aspect of money making machine. ManU's name per se is worth a fortune. It needs to be pamper and bring it back to life. The current coach is killing it.
It would be a multi billion dollar exercise is sending money down the toilet. Sponsorship of the league or some teams might be a better option but Apple isn't particularly known for that.