The Emir of Qatar is Interested in buying Manchester United

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Emir of Qatar interested in buying Manchester United | Sportz Point
The Emir of Qatar, Sheikh Tamim bin Hamad, is interested in buying Manchester United. He values the club below the Glazer family's price.
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The Emir of Qatar, Sheikh Tamim bin Hamad al-Thani, has shown interest in buyingย Manchester United. He values the club below the Glazer familyโ€™s ยฃ6bn price. There is recognition UEFA may have to agree to a regulation change as the countryโ€™s ruler already owns Paris Saint-Germain.

The Emir purchased PSG in 2011 throughย Qatarย Sports Investment. Current UEFA rules do not allow clubs with the same owners to face each other in one of its competitions. A Qatar-owned United and Qatar-owned PSG cannot compete in a Champions League tie.

Emir of Qatar | Sportz Point
Image โ€“ Atalayar

The Glazer family put Unitedย up for sale in November, potentially bringing an end to its 17-year ownership. The Raine Group of Chelsea is the exclusive financial advisor. They believe ยฃ6bn is the right amount for the 20-times champions of England. But the emir believes ยฃ4.5bn is a more realistic price.

One of Britainโ€™s wealthiest People, Sir Jim Ratcliffe confirmed his company, Ineos was in the race to buy Unitedย last month. He is a lifelong United supporter.

Read also: Man City News: Former City financial advisor claims club must be relegated from Premier League

โ€œItโ€™s been nearly 18 months since the hugelyย controversial Saudi takeover of Newcastle United and a Qatari bid for Manchester United would be yet another wake-up call to the Premier League over the need to reform its ownership rules. Weโ€™re not necessarily opposed to this. Still, the Premier League must urgently strengthen ownership rules to ensure theyโ€™re human rights-compliant and not an opportunity for more sports washing,โ€ โ€“ said Peter Frankental, Amnesty UKโ€™s economic affairs director.

Emir of Qatar: Old Trafford | Sportz Point
Old Trafford, The Theatre of Dreams
Image โ€“ Man Utd

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