Qatar would overtake Ineos to buy Manchester United

by time news

Corner flag at Old Trafford, home of Manchester United. AI / Reuters / Panoramic

Already owner of PSG, Qatar would hold the rope to buy the English club from Manchester United, against a sum which would be around 5 billion euros.

Qatar is inpole positionto become the new owner of Manchester United, informs RMC Sport . The Glazer family, who have owned the English club since 2005, have been trying to sell it for several months. The Qatari offer, formulated via the Nine Two foundation, would precede that of Ineos, the petrochemical group led by Jim Ratcliffe, which already owns OGC Nice.

Qatar’s final offer could exceed 5 billion euros. It would include the complete and immediate redemption of the debt of the Red Devils, which would reach 580 million euros. An argument that the other contenders for the takeover of the Mancunian club would not offer.

In any case, it is unlikely that the Glazer family will hand over before the end of the current season. In football, Qatar is best known as the holder of Paris Saint-Germain through Qatar Sport Investment (QSI), a subsidiary of the Emirate’s sovereign wealth fund. A possible acquisition of Manchester United would not be accompanied by a departure of the Qataris from PSG.

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