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Man United Owners Wants To Sell The Club For A World Record Fee
~1.4 mins read
 Manchester United owners, the Glazer Family, are looking for a world record price for a sports franchise if they are to sell the club, sources have told ESPN.
The Glazers issued a statement on Tuesday  to say they are looking at "strategic alternatives" including outside investment or a sale.
Sources have told ESPN a full takeover is the most likely outcome, although the Glazer family will only accept an offer that would make United the most expensive sports club ever.
chelsea fetched £2.5 billion ($3.02bn) and the Denver Broncos £3.85bn ($4.65bn) when they were both sold earlier this year.

Forbes' latest valuation puts United at £3.8bn ($4.59bn) but sources have told ESPN the Glazers believe they can attract offers in excess of £6bn ($7.25bn).

Sources close to the process have told ESPN that the statement issued on Tuesday was deliberately vague as to not weaken the Glazers' negotiating position.


While co-chairman Joel Glazer is still heavily involved in the day-to-day running of the club, other Glazer siblings have "differences in strategy" and believe it is the right time to sell.

Co-chairman Avram Glazer told Sky News on Wednesday: "As we announced, the board went through a process and it was decided it's going to look at different strategic alternatives and that's what we're doing.

"We've gone through a process, we're going to look at all different strategic alternatives and we'll see where it leads us."

Sources have told ESPN that The Raine Group, named as the Glazers' "exclusive financial advisor" after handling the sale of Chelsea to LA Dodgers part-owner Todd Boehly and his consortium, have not put a deadline on receiving offers for United and there is an expectation that many of the same parties who took part in the process to buy Chelsea will register their interest. From ESPN
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CitiNews
BNXN Reveals How Nigerian Artists Hit No. 1 Without People Listening To Their Songs
~1.1 mins read
 
Award winning singer and performer BNXN aka Buju has made a stunning allegation and revelation of how some Nigerian artists attain the number one spot on the charts across all streaming platforms without people actually listening to the song.
 
The singer revealed that some artists actually pay for their songs to be streamed to boost their positions on the charts and also increase their stream numbers. This action is called the use of 'Streaming Farms' in pop culture in different parts of the world.
 
Streaming farms are services artists and labels use to inflate their numbers on digital streaming platforms and also build a sense of hype around these artists. These activities are worrisome as artists who do not engage in these activities suffer a lot on the charts and in terms of streaming numbers.
This is a practice associated with music industries worldwide with the exemption of Nigeria, but from BNXN's posts on social media, the singer revealed that this service is now present in the Nigerian entertainment industry.
These activities saturate the music industry as artists with inflated numbers end up bagging awards and receiving huge payouts from digital streaming services such as spotify, apple music and so on.
His post read:
 
There are streaming farms in Nigeria now. A room where your label bosses pay money to get your songs up by automation , no real fans , no real people , just a facade. Y’all make the people who really work for this bleed and your day is coming. Enikure
SOURCE; Notjustok

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