Livescore
What has been a rumour in recent days and which MARCA has been reporting on, is now a reality as Manchester United move closer to a Qatari takeover.
Jassim bin Hamad Al Thani, Qatar’s crown prince, has announced that he has made an offer to the Glazers, the club’s current owners, “for 100% of the club”, according to a press release sent to the media.
In the press release, Jassim bin Hamad Al Thani says he wants to “return the club to its former glory, both on and off the pitch and will seek to bring the fans back to the heart of Manchester United“.
The offer is “fully debt free” and also presents the intention to “invest in the football teams, the training centre, the stadium, expand the club’s infrastructure and, in addition, improve the fan experience and the club’s supporter communities”.
In short, the investment of this candidacy, according to the press release, would aim to “ensure that Manchester United is recognised around the world for its footballing excellence and to be considered the best club in the world”.
Jassim bin Hamad Al Thani claimed to be a “lifelong Manchester United fan” and to want to “bring back the old traditions and old sporting glories to the club”.
Avoiding conflict with PSG
In order to avoid UEFA’s control over the conflict of interest between other clubs and the fact that the same ownership cannot be attributed to Manchester United and PSG to avoid future problems, Qatar will enter the Manchester United project through QIB, one of the biggest banks in the country and whose chairman is Jassim Al Thani and, therefore, different from the investment fund QSI, the owner of the Parisian team.
Despite all this, Red Bull for example has several teams spread across Europe, including Salzburg and Leipzig even competing in the group stage of the 2018-19 Europa League, but Qatar has decided to separate its sources of investment to take over Manchester United.
The buyout figure is estimated at around 6 billion euros.
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