Qatari investors fully committed in Manchester United takeover as Liverpool bid halts
Manchester United owners The Glazers announced in November that they were open to bids for the club.
Qatar Investment Group are confident in Manchester United takeover. Image via Instagram.
Manchester United owners Glazers family announced back in November 2022 that they would be open to offers for the club. Since then many Investment groups have shown their interest. Qatar Sports Investment group are confident in taking over the club in a huge £6 billion bid. The Qatari group, who were interested in buying Liverpool, did not succeed after Liverpool owners only offered a 49 per cent stake in the club. Moving forward, Qatar has its eyes set on Manchester United, and a formal bid is expected by Friday.
A Qatar journalist, Mohammed Al- Kaabi stated that since Qatar’s Liverpool takeover failed, the Qatari group will now focus on Manchester United. The reporter also stated ‘very simple’ steps remain before Qatar’s Manchester United takeover. He also hinted that the takeover process may already be in process. “After the intransigence of Liverpool’s owners and their refusal to give a percentage exceeding 49%, the compass changed completely for Manchester United, very simple steps to announce the acquisition of United.”
Another prominent Qatar Journalist hinted heavily at Qatar’s takeover, stating that Manchester United are now ‘Qatari,’ sharing a tweet. The soft deadline set by The Glazers for the official bid was February 17, and other interested parties will also likely place an official bid. Sir Jim Ratcliffe, who also displayed his interest in buying his childhood club, will also fight to take over.
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Another Qatari group interested in Manchester United after Liverpool takeover fails
The Qatar Investment Authority, which was planning to take over English Premier League club Liverpool, has moved on after the takeover failed. The Liverpool owners offered a 49 per cent stake to the Qatari group, who rejected it as they wanted complete ownership of the club. QIA had been in talks with the Liverpool owner Fenway Sports Group but did not come to an agreement.
Liverpool owners FSG were looking for investments into the club to compete with other financially strong clubs like Manchester City, Chelsea and Newcastle. However, FSG insisted that they would not be willing to give complete ownership of the Reds. QIA reportedly did not want to invest £2 billion in the club without getting complete ownership.
QIA moved on to the Red Devils, who already have several investment groups interested in them. Another consortium of Qatari Investors are reportedly prepared to launch a £4 billion bid for Manchester United. With the soft deadline within 24 hours, the Investment Groups will launch their formal bid for arguably the most famous club in football.
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Arpan Ghosh
(1403 Articles Published)