Manchester City have received a lucrative offer from OpenPA, the company that owns the rights to the football club's merchandise and marketing rights. However, the offer was rejected by the club due to its low price.
According to reports, OpenPA had offered Manchester City a transfer fee of €59 million, which is significantly lower than the €100 million they were asking for in their previous negotiation. The club felt that the offer did not meet their expectations and therefore decided to reject it.
The rejection of the offer has raised questions about the financial situation of Manchester City. It has also sparked speculation about the future of the club's ownership structure.
It remains to be seen whether Manchester City will receive another offer or if they will decide to sell the club outright. In any case, the rejection of this particular offer highlights the challenges faced by clubs in today's football market.