Qatari investors are set to make an offer for Manchester United Plc in the coming days, people familiar with matter said, in a move that would cement the country’s desire to become a major player in global sports.

The Qatari consortium is preparing to submit an initial bid for the English Premier League football club by the end of the week, the people said. Officials at sovereign wealth fund the Qatar Investment Authority are helping with preparations for a bid alongside local family offices, one of the people said, asking not to be identified discussing confidential information.

New York bank Raine Group is advising Manchester United’s owners, the US-based Glazer family.

Manchester United has been the subject of increasing takeover speculation since the summer, when Bloomberg News reported the Glazer family was open to selling a stake. So far, only British billionaire Jim Ratcliffe has officially declared his interest and is working with Goldman Sachs Group Inc. and JPMorgan Chase & Co. on a potential offer.

Bloomberg News reported in January that state-backed Qatari investors were weighing an investment in Manchester United.

Qatar Sports Investments, a separate entity to QIA, already owns French super-club Paris Saint-Germain FC. Regulations from European football’s governing body, UEFA, state that teams with the same majority owner can’t both compete in the region’s major tournaments, including the showpiece Champions League. QSI chairman Nasser Al-Khelaifi is also a member of the UEFA Executive Committee that adopts its regulations.

Sheikh Tamim bin Hamad Al Thani, the ruling emir of Qatar, is a Manchester United fan and unlikely to want to let slip the chance to own what is widely regarded as one of the world’s biggest sports brands.

Deliberations are ongoing and no final decisions have been taken about which Qatari entities will ultimately provide capital for the Manchester United bid, the people said. A spokesperson for QIA declined to comment, while a representative for QSI wasn’t immediately available for comment.

Adam Sommerfeld, a sport investment specialist at Certus Capital, has estimated that any offer for Manchester United would need to exceed £4 billion ($4.8 billion) to be successful. That would make it one of the largest ever deals involving a sporting franchise.

Qatar spent more than $200 billion during the past decade redeveloping the country’s infrastructure to host the FIFA World Cup. Alongside building new stadiums and entire municipalities, it also bought sports assets. As well as the takeover of PSG, QSI has a stake Portuguese football club SC Braga.

SOURCE

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Okpo



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Good. Buy the whole England sef. FIFA and uefa are selfish. Super league must stand to league big team spend money anyhow they like like this Arab people. They spend and get away with it. Imagine psg owner threatened match officials with death threat after match with Madrid, and get away with it.

Great to see rapid improvement in the management of the club and the potential takeover from a solid investor.

All thanks to the courage of this man 🐐

I can’t wait for the Arabs to take over Man Utd. The club has been poorly managed by the Glazers.

Ok first things first, Sign Osihmen.

Give him the no9

200k pounds every week

Better bonuse per goal( na yahoo be dis, cuz my guy no go ever stop scoring)

Private jet trips whenever he gotta come to Naija.

Hardship allowance too.( not easy to be a Nigerian).

Then, we can look at other areas.

Oh and pls sell Martial to Chelsea, add maguire if they are doing anyhow.

United all the way

share for Man U , Like for Arsenal

Arab Money

F

APC urchins will not like this. They that progress...they love watching their families suffer

Make they no con spoil Man U with oil money

Noted.

That won't still stop them from going 20 years without trophy

Those Arabs with their unending money. Good one for United if that actually happens.

Starboytwo:
Sign Osihmen, first and foremost.

Give him the no9

Then, we can look at other areas.

Gbam

Arab money not dey finish

Starboytwo:
Sign Osihmen, first and foremost.

Give him the no9


Then, we can look at other areas.

most players that play like haaland and osimhen (tap ins) no disrespect to c ronaldo., no dey shine for Manchester united,i will prefer mbappe or even a mason greenwood return

Funny.

If not that these Arabs are very rich, useless Churchgoers would be saying Arabs are poor because they are not "Christians' . But Jesus Christ is not like the typical Churchgoers. As a matter of fact, our Jesus loves sinners more.

WOW

Manure united
Bt epl no b here.....d best league in d world
Bt y is it that laliga always win ucl

It's good for my darling club❤️
GGMU✌️

Wahala

Where were they when Chelsea was put on sale?

Another mancity loading.....

It is well

DM for SOP and CV.

Alright!

Arab money
These Arabians would not only buy the whole of UK but Europe very soon

fergie001:
Gbam

Gbam x2

This Arab money bid seems better than that of Sir Jim Ratcliffe, as it will only be focused on United. Although Ratcliffe is a football man and already owns other two football clubs, Nice in France and FC Lausanne, Switzerland, he might not be as generous with spending on United, given his other two football concerns.