After 17 years of ownership, the Glazers decided to sell Manchester United, and last Friday night they closed the door for bids, as Sheikh Jassim bin Hamad Al Thani entered into competition with British billionaire Jim Ratcliffe, amid expectations that the deal would break the record for selling Gym, amounting to regarding $6.4 billion.
Sheikh Jassim bin Hamad is the Chairman of the Board of Directors of Qatar Islamic Bank (QIB), ranked third in the list of the 30 best companies in Qatar, according to Forbes Middle East magazine. He was born in 1982, and his father is Hamad bin Jassim bin Jabr Al Thani, Chairman Ministers of Qatar in the period from 2007 to 2013.
Qatar Islamic Bank is one of the leading banks in the country, and the sovereign wealth fund and the Qatar Investment Authority, which owns the Qatar Sports Investment Company, which has acquired the French club Paris Saint-Germain since 2011, contribute to it.
Some saw that the decision of Sheikh Jassim, who was educated at the Royal Military Academy in Sandhurst in the United Kingdom, where he graduated as a trainee officer, is only a front for Qatar Sports Investments Company, as the law does not allow one ownership and conflict of interest between two clubs competing in one competition.
Sheikh Jassim, who participates in the management of Paris Saint-Germain, promised to “restore the English club to its former glories”, following its absence from the league title for ten years, to end its debts amounting to 580 million euros, and to focus on football teams and rehabilitate the training center, stadium and infrastructure.
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Qatar Investment wants to buy Manchester United and the obstacle is French
written by Alexandra Hartman Editor-in-Chief
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 regarding $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.
Al-Nasr coach confirms Ronaldo’s participation in the Professional League
written by Alexandra Hartman Editor-in-Chief
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Al-Nasr coach Rudi Garcia confirmed that Portuguese star Cristiano Ronaldo will participate for the first time in the “Al-Alamy” jersey in front of Al-Ettifaq next week in the Saudi Professional League.
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Al-Nasr signed Ronaldo, 37, in a huge deal regarding two weeks ago, but he missed two matches once morest Al-Taie and Al-Shabab due to a previous suspension since he was in Manchester United.
Garcia told a press conference following the 0-0 draw with Al-Shabab to maintain the league lead, on Saturday, “Ronaldo will be present in front of the agreement,” on Sunday, January 22 at Marsoul Park Stadium, in the 14th round.
The five-time Ballon d’Or winner, who was without a club following his contract with Manchester United was terminated by mutual consent in November, joined Al-Nassr with a two-and-a-half-year contract in a deal that media valued at more than 200 million euros.
However, the historic top scorer for national teams and Real Madrid may play his first match in Saudi Arabia during a friendly match that brings together Al-Nasr and Al-Hilal players once morest Paris Saint-Germain on the 19th of this month.
Barcelona opens the door to the departure of its player to the Premier League », the Iraqi News Agency
written by Alexandra Hartman Editor-in-Chief
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A Spanish press report confirmed that Barcelona is ready to discuss offers for its defender from one of the Premier League giants.
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According to the Catalan newspaper “Sport”, Barca is still looking for a solution to the problem of fair play.
Eric Garcia’s name was recently linked to the move to Arsenal, in January, at the wish of Mikel Arteta, the team’s coach, who previously trained the player in Manchester City with Pep Guardiola.
The newspaper pointed out that the Catalan team may resort to selling Garcia during the current winter Mercato.
And she added, “Although the sale of Garcia will not bring Barcelona a huge amount of money, the potential income from his departure will be one of the options offered by the sports administration.”
Garcia’s ranking among Barcelona’s defenders has declined this season, following contracting with duo Marcos Alonso and Andreas Christensen from Chelsea, as well as Jules Conde from Seville.
Garcia joined Barcelona, in the summer of 2021, from Manchester City, on a free transfer.