Qatari investors are planning an incredible mega-money swoop for Manchester United as the club is up for sale.
The Daily Mail reported on Monday, citing sources, that the group, which is Qatar Investment Authority, has set their sights on a club they view as “football’s crown jewels.” The group intends to make an offer for the English club in the coming days and is confident their bid will blow the competition out of the water.
CBS Sports’ Ben Jacobs revealed more details and how the plot of these investors affects Paris Saint-Germain, considering club president Nasser Al-Khelaifi also sits on the QIA board. Furthermore, Al-Khelaifi would likely be involved in some capacity should anything emerge
Jacobs reported Monday, citing sources, that Qatar Sports Investment, which owns PSG, would not be directly implicated in any possible bid for Manchester United. He adds that QSI remains committed to the French giants.
To again clarify, QSI would not be directly involved in any potential bid for #MUFC. They remain committed to PSG. Nasser Al-Khelaifi also sits on QIA board, & would likely be involved in some capacity should anything emerge. QIA sources say they're still assessing the market. pic.twitter.com/dBasnJKdBP
— Ben Jacobs (@JacobsBen) February 7, 2023
Additionally, any proposal from the Qatari investors for the Premier League side will need the “blessing” of QSI due to how business of this magnitude works in the region.
“There are significant funds available,” the source told the Daily Mail. “These people are serious. They want to make sure that United are where they should be and they are confident theirs will be the strongest bid.
“They want to strengthen the squad to put them back at the top but they also want this to be for the good of the community. They also want to build on the success of the World Cup. They recognize that Manchester United is the biggest football club in the world, the crown jewels, and there is a steely-minded determination to buy it and get it to where it should be.”
Those in Qatar also expect a Saudi consortium from the private sector to enter the bidding war to land The Red Devils. It appears as though the race is heating up ahead of the mid-February deadline set by the Glazers.
It is indeed a good sign that many multi-billionaires and conglomerates are showing interest in acquiring Manchester United from the money-sucking leeches synonymous with the Glazers.
Hopefully a really football-crazy magnate buys the club and invests in more stellar recruits as well as improve the infrastructure.
If they can also increase the capacity of the stadium, their investments will quickly be repaid and the glory years of the last decade can be a perennial achievement for the next decade and more. GGMU!!!!!