Qatari investors plan to make a big offer to buy the Manchester Utd, as reported a few hours ago by the ‘Daily Mail’ newspaper citing unidentified sources. The report describes the investors as “a group of private individuals of great wealth” from Qatar and that it is “confident that the offer will leave their rivals speechless.” It should be remembered that the Glazers, current owners, are asking for 6,000 million pounds.
Jim Ratcliffe’s company, INEOS, formally entered the bidding process to buy United last month after the club’s American owners, the Glazer family, said in November that they had begun looking at options including a new investment or a possible sale.
Bloomberg News reported last month that Qatar Sports Investments (QSI), which owns Paris St Germain, is considering a full takeover or stake in Manchester United or rivals Liverpool.
United fans have been demanding a change of ownership and the Glazers have come under heavy criticism as the team has not won since 2017, when it lifted the Europa League and League Cup trophies. In April, thousands protested outside Old Trafford, lighting flares and singing chants demanding that the Glazers “leave the club”.
United’s net debt, another bone of contention among fans, rose to 515 million pounds (620.42 million euros) in September.
Source: La Verdad
I’m Rose Herman and I work as an author for Today Times Live. My expertise lies in writing about sports, a passion of mine that has been with me since childhood. As part of my job, I provide comprehensive coverage on everything from football to tennis to golf.
