Sport

“It’s true..” – Man Utd is about to be sold off to Middle Eastern tycoons

Fabrizio Romano has confirmed that Qatari investors have registered an interest in Manchester United.

It's true.." - Romano confirms exciting Man Utd takeover news | Flipboard

In November United owners, the Glazers family shocked the football and financial world by announcing that they were seeking “strategic alternatives”, with a full sale of the club a potential outcome.

The Americans have allegedly set a mid-February deadline for takeover offers and are said to be hopeful of completing any sale by the end of March.

British billionaire Sir Jim Ratcliffe, who owns the petrochemical giant Ineos, is the only person to have publicly announced he has entered the bidding process for the Old Trafford club.

However, over the past few months, there have been reports of interest from European consortiums, American venture capitalists and oil-rich Middle Eastern backers.

Romano confirms Qatar’s interest in Manchester United

Man Utd sale: Qatari interest 'concrete' as exciting takeover news confirmed  by Fabrizio Romano

Transfer guru Romano confirmed reports that there has been “concrete interest” in United from a Qatari group.

It has been widely reported that private investors linked with the Qatari royal family are considering making a bid for the Premier League giants.

On the matter, Romano told his YouTube channel: “We can confirm that there is concrete interest from a Qatari group. It’s true.

“They are exploring the conditions of a Manchester United deal with the Glazers family, of course, with intermediaries and legal people to take care of the process.

“But they are exploring the conditions of this potential deal.”

Furthermore, Sky Sports claimed that Qatari investors were contacted by investment bank the Raine Group to see if they were interested in buying United.

However, the publication stressed that though the Qatar group have registered an interest they will not overpay for the club.

The Glazers are said to be looking for a sale price of £6billion, which would be a world record fee for a sports team. However, the club are valued at £3.2billion on the New York Stock Exchange.

Related Posts

‘I played against Jack Nicklaus – this is what I think about Tiger Woods GOAT debate’

Jack Nicklaus and Tiger Woods are two of the all-time greats, but who boasts the better career? Jack Nicklaus and Tiger Woods at the 150th Open Championship. (Image:…

Rory McIlroy provides damning stance of LIV Golf and PGA Tour stars over merger

A report earlier this week claimed that PGA Tour players were demanding that LIV Golf members handed the money they had earned from the Saudi league back in…

Tiger Woods labelled ‘petty, vindictive and greedy’ over latest PGA Tour rumour

PGA Tour golfers Tiger Woods and Patrick Cantlay were labelled ‘petty, vindictive and greedy’ over the latest rumour surrounding the LIV Golf League. Prominent golf journalist Alan Shipnuck…

Despite Tiger Woods & Co’s ‘Vindictive’ Actions, Bryson DeChambeau Proves He’s the Bigger Person With PGA of America Gesture

On September 17, the PGA of America made a statement ahead of the Presidents Cup. Despite LIV Golfers already being allowed to compete at the Ryder Cup and…

One Burning LIV Golf Question Plagues Fans Despite Big Ryder Cup Announcement

One Burning LIV Golf Question Plagues Fans Despite Big Ryder Cup Announcement: ‘Were They Not Eligible Before?’ There has been no update on the PIF merger so far….

‘Insane’ Tiger Woods Accusation From Open Championship Commentator Leaves Fans Demanding Punishment

Tiger Woods has been a major talking point ahead of the 2024 Open Championship at Royal Troon, with former pros and pundits alike questioning the 48 year old’s…