Qatar Investment wants to buy Manchester United and the obstacle is French

The Glazer family, which owns Manchester United, has set next Friday as a deadline for receiving offers to buy ownership of the club, which was valued at about $6 billion.
In the context, the Spanish newspaper “AS” indicated that Nasser Al-Khulaifi, president of the French club Paris Saint-Germain and president of Qatar Sports Investment Company, wants to invest in an English Premier League club.
The newspaper stated that the idea was to invest in Tottenham, but the announcement of the Glazer family’s desire to sell ownership of Manchester United put Old Trafford as one of the options.
What stands as an obstacle is that the European Football Association’s regulations prohibit one party’s ownership of two clubs competing in the same competition, which means that it is impossible for Manchester United and Paris Saint-Germain to be together in the Champions League, in the event that the English club is bought by Qatar Sports Investment Company.
The Qatari company is discussing solutions, including buying the club in part, as it did with Sporting Lisbon by buying twenty percent of its shares, knowing that only one candidate to buy Manchester United has been announced, the British businessman Jim Radcliffe.

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.