Boost for Man Utd as UEFA offer green light for takeover bid from Qatari investors
According to the Daily Mail, Manchester United has received a boost with UEFA giving the green light to a takeover bid from Qatari investors.
The Glazers have established a tentative deadline of February 17 for potential investors, but it is unknown if they will agree to a full takeover.
UEFA’s Club Financial Control Body is reportedly likely to allow dual ownership, as long as the two teams have separate management and distinct corporate structures.
This is supported by the example of Red Bull Salzburg and RB Leipzig, who are both owned by the same company (Red Bull GmbH) but still play in the Champions League.
Therefore, it is probable that the Emir of Qatar, Sheikh Tamim, will support any Qatari investment in Manchester United. As long as he is only a ceremonial figure and not involved in the decision-making process, UEFA has no objections.
Sheikh Tamim already owns Paris Saint-Germain through Qatar Sports Investments (QSI).
The Glazers are seeking a minimum of £5 billion to end their ownership of Manchester United, which would be a record fee for any sports team.
This high price tag may deter many individual investors, including Sir Jim Ratcliffe who has expressed interest but is currently considering taking out a loan.
In our view, a takeover by Sir Jim may not be ideal for United as future investment could be limited due to the added debt burden. Therefore, a takeover by a Qatari or Middle Eastern consortium is more likely.
Currently, the Emir of Qatar is expected to play a significant role in a takeover by a Qatari group of investors.
These wealthy Qatari investors consider United to be the “crown jewels” of football and are reportedly confident in their ability to win the bidding war for a takeover.
Boost for Man Utd as UEFA offer green light for takeover bid from Qatari investors
