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Qatari consortium wants to buy Manchester United

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Qatari consortium wants to buy Manchester United

The British "Daily Mail" reported that Qatari investors are planning to buy Manchester United from the Glazer family and promised to give coach ten Hag huge sums of money to lead the club back to the top.

Qatari consortium wants to buy Manchester United

Buoyed by Qatar's successful hosting of the World Cup, a group of oil tycoons have set their sights on Manchester United, a club they see as "the jewel in football's crown", sources have revealed.

According to British media, the consortium will make a takeover bid for Manchester United before the mid-February deadline set by the Glazer family in the next few days (within DAYS), and believes that its bid will completely beat any competitor.

United's current owners have priced the club in excess of £6bn, plus £500m in debt and a potential redevelopment of Old Trafford and the Carrington training ground, which could cost more than £2bn. However, the above-mentioned problems do not constitute an obstacle to the Qatari consortium, and nothing that can be solved by money is not a problem. The participation of fans will also be the core idea of ​​​​the acquisition of the Qatar consortium. They are likely to solicit the views of Manchester United fans on the future of the stadium.

One potential stumbling block is Qatar Sports Investments' ownership of Ligue 1 Paris Saint-Germain. Under the rules, an entity can buy football clubs in different countries, but those teams cannot play in the same competition. In other words, once QSI Qatar Sports Investment owns both Paris Saint-Germain and Manchester United, and both teams win the Champions League, only one of them will be able to participate.

UEFA implemented the "Integrity of Club Competition: Independence of Clubs" rule in 1998, which requires that no two clubs participating in a UEFA competition be directly or indirectly controlled by the same ownership group. This is judged by the following three points: 1. Whether it has the majority shareholder voting rights of another club; 2. Whether it has the power of another club to appoint or remove most directors; 3. Whether it has the majority shareholder voting rights.

Many fans know that the Austrian Red Bull Salzburg and the Bundesliga Leipzig have participated in the Champions League at the same time many times. But that is due to the special ownership structure of the Bundesliga clubs. Leipzig is a membership club, so Red Bull has achieved control by controlling the members of the club, but on the surface, they don’t even have a title. The official name of Leipzig Called RB Leipzig. Red Bull emphasized that the only club they hold is Salzburg.

On the other hand, in the same league, once an entity controls the ownership of one club, the shareholding ratio of the second club in the same level is limited to no more than 10%. That is to say, if the Qatari consortium acquires a majority stake in Manchester United, they can still invest in Tottenham or Liverpool, but they can only own less than 10% of the shares.

According to British media, since the upcoming acquisition of Manchester United is a group composed of separate, individual Qatari investors, while the first shareholder of Paris Saint-Germain is the sovereign fund, so the two do not have the same boss problem. . The consortium is currently only discussing a comprehensive acquisition and is not interested in only holding part of Manchester United's shares. According to insiders, the consortium hopes to use the knowledge gained from hosting the World Cup to launch another football project.

They intend to give Manchester United coach Ten Hag sufficient transfer funds to allow him to compete with other rich clubs for big-name stars. "They say they're not short of money, there's a lot of money available. These guys mean it. They want to make sure United are back where they should be and they're confident they'll be the strongest suitor," a source told the Daily Mail. The Post, "They want to strengthen the team and bring Manchester United back to the top, but they also want it to be for the good of the community. They want to build on the success of the World Cup. They recognize that Manchester United is the biggest football club in the world, The crown jewels, they have an iron determination to complete the acquisition and take the club where it belongs."

If Qatar's acquisition of Manchester United is successful, then the Premier League may have a situation of "three countries competing for hegemony" in the Middle East. Abu Dhabi in the United Arab Emirates owns Manchester City, and Saudi Arabia takes over Newcastle United.

Sheikh Tamim bin Hamad Al Thani, the Sheikh of Qatar, is said to be a devoted Manchester United fan who knows the club's history well. In 2011, his family tried to buy Manchester United for 1 billion pounds, but was rejected by the Glaeser family. So, that year they bought a 70% stake in Paris Saint-Germain.
However, due to some specific circumstances in Qatar, its consortium's acquisition of Manchester United will require the approval of the Premier League and may face opposition from some quarters. The Qatari financier could also face competition from former Britain's richest man, Sir Jim Ratcliffe, and other consortia.

캡주소 understands that the U.S. commercial bank Rennes Group, which is handling the sale of Manchester United, has shared financial information with interested parties before moving on to the next stage. No timetable has been set for completion, but the Qatari consortium is eager for the acquisition process to conclude as soon as possible.
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