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There is hardly anything more important to football fans than the British club Manchester United. This club, which has been the refuge of legendary footballers, is now going to be sold. According to a media report, Emir of Qatar, Sheikh Tamim bin Hamad Al-Thani has shown interest in buying English Premier League giants Manchester United. Let us tell you that the Emir of Qatar already has the French club Paris St. Germain. At present, UEFA, the Union of European Football Associations, may have to change the law to get into the hands of Sheikh Tamim.
Amir bought Paris Saint-Germain in 2011 through Qatar Sports Investment. Current UEFA rules do not allow clubs with the same owner to face each other in any of their competitions. Therefore Qatar-owned United and Qatari-owned PSG will not be allowed to compete in a Champions League tie.
The sale was announced in November
The Glazer family announced the sale of United last November. Announcing this, the club said that “a process is being launched to explore strategic options”. The club has appointed Rhine Group, which oversaw the sale of Chelsea, as special financial advisors. The 20-time champions of England are believed to be in need of £6bn.However, according to reports, Emir believes the club is worth £4.5bn.
Sir Jim Ratcliffe is also in the running
Another billionaire, Sir Jim Ratcliffe, who is believed to be one of Britain’s richest men, confirmed that his company, Ineos, was in the running to buy United last month. Meanwhile, Amnesty International has described Qatar’s interest in United as “another wake-up call” for the Premier League in relation to strengthening its ownership rules.
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