Back to the Premier League Newsfeed

Manchester United and Liverpool are told they are NOT WORTH £4bn - and will struggle to attract big-money foreign investors due to being outside London - by former Reds chairman Sir Martin Broughton

Former Liverpool chairman Sir Martin Broughton has questioned the valuations that the owners of the Reds and Manchester United have placed on their clubs.

Broughton believes that the two clubs will struggle to get the asking prices of over £4billion given that they are not in London.

The businessman insisted that the majority of foreign investors have property interests in London, and would therefore be more interested in buying clubs in the capital, rather than moving their 'pads' to the North West.

Sportsmail broke the story on Tuesday that a number of wealthy individuals from Qatar expect to make an offer for United, and it was then revealed on Wednesday that discussions had already begun.