The race to buy Man United is starting to heat up and investors with connections to the Qatar royal family will submit an offer to buy Man United today.
The Royal Family of Qatar will send an offer to buy MU
According to a source from Sky Sports, in addition to the Qatar royal family, American and Saudi investors will also send offers to Man United. Sir Jim Ratcliffe's INEOS group was also involved when it publicly expressed its desire to acquire MU.
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The Royal Family of Qatar will send an offer to buy MU
The Raine Group, which organizes the sale of Man United on behalf of the Glazer family, has requested that initial offers be made before 10pm on Friday UK time.
The Glazers want at least £5 billion to sell Man United. But insider sources indicate that neither side wants to make an initial offer of great value.
The Qatar side promises to make a big investment in the squad as well as the Old Trafford stadium. Carrington training ground was also renovated. Buying new equipment is inevitable. Therefore, the Qatar side decided not to pay a large amount of transfer money to the Glazer family.
Qatar and Saudi Arabia are the only two parties that are not expected to rely on borrowed money to buy Man United. Billionaire Elon Musk has been quite quiet lately with rumors that he is also considering making an offer. Meanwhile, Britain's richest man, Sir Jim Ratcliffe, will work with investment banks Goldman Sachs and JP Morgan to come up with the best offer.
If buying Man United, Qatar will still invest in PSG. In order to satisfy UEFA's regulation of owning multiple clubs, United will be owned by investors or funds linked to the Qatari royal family.
Despite its successes at PSG, Qatar still craves a piece of the Premier League pie. The revenue of the English Premier League is 3 times higher than that of Ligue 1 and the reputation of English teams in the world is also much better.
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