Even at the current share price it gives a market cap of just under $3.5 billion. The lowest valuation I’ve seen for a potential sale is £4.5 billion, the highest upwards of £7 billion.
It’s interesting to note that the owners have appointed the Raine Group as their financial advisors for the process, the same company that oversaw the sale of Chelsea FC.
Chelsea went for £2.5 billion (with a promise of an extra £1.25 billion in investment I believe), had worldwide interest, and was a forced sale. Which is an important point.
The fact that the Glazers are not duty bound to sell, and that it is a opportunity to own one of the worlds most notable assets, almost everyone in the galaxy has heard of Manchester United, makes me think it will go for at least double the price that Chelsea did.