Manchester United are anticipating a bid from Qatari investors to take over the club. A number of high-status individuals from the oil-based economy have come forward to take over the club, with the bidding process set to begin this week.
The Qatari group is confident that their bid will convince the Glazers due to the sheer financial value. The asking price for the American family is between £6-8 billion, and other investors have been quite reluctant to meet that tag as things stand.
Manchester United expecting new Qatari owners
Alongside the massive amount that is being demanded for the takeover, there are also expenses upwards of £2 billion for the redevelopment of Old Trafford. Moreover, investments in the sporting project will also drive up the costs for the new owners. But, it shouldn’t be a problem for the Qatari investors given their sheer financial strength.
Erik Ten Hag will also be handed a huge sum to build a squad that can challenge for trophies by the Qatari group. However, it remains to be seen whether they will receive the green light from United and the Premier League.
The QSI will not be involved, and a different party is in talks over the takeover since they already own PSG. A partial takeover is not being considered, and only a full-blown ownership will be contested by the Qatari group.
Manchester United, Newcastle United and Manchester City would become fierce rivals due to the heated relationship between Saudi Arabia, UAE and Qatar. But, given their human rights violation record, there is significant doubt about whether the takeover will be approved.
