Companies are being allowed to sell match tickets for up to seven times their face value for matches featuring English Premier League football clubs Manchester United and Manchester City, the Sunday Mirror reports.
A £128 (€150/$159) ticket for United’s game against Everton next Saturday was found on secondary ticketing site StubHub for £896.25.
Three brokers listed the marked-up tickets with an average face value of £120, but a typical resale of £418.
The US company, Dynasty Sports and Entertainment, was offering the £896 ticket. The company is reported to have previously signed deals with City and United.
Ticket Galaxy, another US based broker, whose chief Don Vaccaro also owns Ticket Network, is said to have netted almost £100m last year.
A spokesman for Ticket Galaxy said: “We are proud to be an approved reseller of Man United, and we’re committed to providing outstanding service.”
Michael Meadowcraft, the Briton who was banned from being a company director for eight years after his firm, London Sport Ltd sold 1998 World Cup tickets without buying them first, owns the third company thatis also on StubHub, Sport and Music.
Meadowcroft said: “The consumer has the choice whether they wish to purchase.”