A delegation of Manchester United top brass are set to visit Saudi Arabia as rumours of a take over by the Gulf state's Crown Prince refuse to disappear.

Discontent surrounding United's ownership by the American Glazer family has been apparent since their takeover in 2005, paving the way for reports of a possible takeover by 34-year-old Mohammed Bin Salman.

Although they have attended in the past, an appearance by United officials at the Future Investment Initiative organised by the Saudi Royal Family's sovereign wealth fund later this month will do little to quash rumours of a purchase.

According to The Transfer Window podcast's Duncan Castles, the Glazers themselves have attended in the past and United are set to be represented again at the conference in the Ritz Carlton in Riyadh in just over two days time.

Manchester United is valued at £2billion by the New York Stock Exchange and Mohammed Bin Salman could use part of the Saudi Royal Family's £1 trillion wealth to become a major player on the football ownership scene.

He would join the likes of Manchester City's Abu Dhabi owners and the Qatari royal family behind Paris Saint-Germain.


While all three of the nations may not be football hotbeds, the world of football ownership opens up colossal monetary opportunities and indeed that is what the FII focuses on.

On its website, it is described as a collection of individuals 'with the power to shape the future of global investment.'

Aside from the financial aspect, sport journalist Castles believes that club ownership offers a good publicity vehicle for the Crown Prince and his family.

Another subject of the ire of United fans has been the club's Chief Executive, Ed Woodward.

But he recently insisted that the club are not for sale, despite a £3 billion acquisition by the Saudi prince being reported.
'Based on what I see, they're in it for the long-term,' said Woodward.

'With regards to offers or asking prices, my understanding is that there have been no discussions for a price for the club or anything like that. Every conversation we have is based on the long-term.'

One of the main criticisms of the Glazers is the debt saddled on United by their leveraged £780m buyout which currently stands at £511m.

But in an interview with fanzine United We Stand, Woodward played down that figure, saying: 'The debt is a long-term, structured and similar to some other football clubs.

'It's a fixed amount for a fixed period of time which results in it being fairly cheap to service.

'It's just under two per cent our annual revenue each year, so it doesn't really have any impact on us.'

On the pitch, United have also drawn criticism from their fans, slumping to 14th in the Premier League, having failed to win in their last four games.

They travel to Norwich tomorrow as they seek to put their season right.

Source: https://www.thesun.co.uk/sport/football/10218423/man-utd-visit-saudi-arabia-bin-salman-takeover-interest/amp/

#FTC hope i get share out of it as a dedicated fan? by the way, we are gaining form and are ready to lift the title from PL to EUROPA to QOARABA back to back

of course everyone knows that the glazers and ed are one of the majour problems of man utd, and if their out united would make huge progress. shout out to all the manchester united fans around the world.

Man utd's pedigree plus Arab money= Nuclear power.

saintokwuluora:
Man utd's pedigree plus Arab money= Nuclear power.

man city will still rape them without a struggle!

Lalasticlala

Stuff like this happens when you don't know which of your village people are against you. Your Mother's side or Fathers side??



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A 34 yr old trying to buy Manutd ....

Some people are indeed born with a gold spoon.

Lots of 34 yr olds out there are still trying to find their footing in life.


Life isn't fair at all at all ...

Kingdom of money

Good . Glazers out . Manchester United is about to become the new Manchester city

Nawa ooo!!!These Arabs have money ooo




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Glazers out!
Woodward out!
� GGMU

simonlee:

man city will still rape them without a struggle!

but bros. The hatred and lies sef no fit you.

lets watch and see

The out come Will still be laughable



Man u is already dead

If you know about Arab money and the effects they have had on some of the clubs they owned, like PSG and City, you go know say na good news for United.
#Chelsea fan

Good news

Badgers14:
A 34 yr old trying to buy Manutd ....

Some people are indeed born with a gold spoon.

Lots if 34 yr olds out there are still trying to find their footing in life.


Life isn't fair at all at all ...

Dem don steal am ...... na dem!

People should pls help me beg and prettyprincess o.

In fact, I'm in serious pain as they are doing everything to send me out of Nairaland o.

Ehn, back to the topic:

because Man City has Jesus and Liverpool have Mohammed, Chelsea went and bought Abraham. It worst for Tottenham because there own is Kane.

Nothing good comes but what annoy me most is Man U. They have Daniel, they have Paul, they have James and recently they just bought in Moses cousin Aron.

Yet they are not doing anything.

I think Man U should just go for the 12 apostles.

post=83489390:

Dem don steal am ...... na dem!

Who else bet Norwich win?

simonlee:

man city will still rape them without a struggle!

There is no permanent champion, glory days are seasonal. man u was like man c before. championship na turn by turn

Very useless club with foolish fans. Arsenal the best club ever.

Maldini213:
The out come Will still be laughable



Man u is already dead

rephrase. This time....meaningfully

yetunsbay:
rephrase. This time....meaningfully

I won't