Qatar thinks Glazer’s asking price of ₤ 6bn is excessive
Bid anticipated before Friday’s soft due date
The emir of Qatar, Sheikh Tamim bin Hamad al-Thani, is expected to try of more than ₤ 4bn for Manchester United by Friday’s deadline, with those driving the acquisition for the nation’s leader valuing the club at no greater than ₤ 4.5 bn.
The Glazer family, that own United, have established an asking rate of ₤ 6bn. The Raine Group, which administered Chelsea’s sale, is the economic advisor to the Glazers as well as it is thought Friday is a soft target date, indicating offers might be countenanced after that.
The emir owns Paris Saint-Germain through Qatar Sports Investments. Uefa regulations do not permit clubs that can fulfill in the very same continental competition to have the same owner. A service is being sought, the present one being to show that United would certainly not be provided by the exact same framework and also employees as PSG.
The billionaire Sir Jim Ratcliffe, among Britain’s richest people, has confirmed his business, Ineos, is additionally targeting acquiring United. Ratcliffe, 70, is a lifelong United advocate.
Last Updated: 15 February 2023
