MX23RW : Saturday, June 1 17:51:30| >> :60:483:483:

Manchester United 'have already held talks with potential Qatari investors'

Man United 'have already held talks with potential Qatari investors'
© Reuters
Manchester United hold discussions with a group of Qatar-based investors looking to purchase the club, according to a report.

Manchester United have reportedly already had discussions with a group of Qatar-based investors looking to purchase the club from the Glazer family.

Towards the end of 2022, Man United's current owners released a statement confirming that they were open to selling the club in the near future.

"Manchester United plc, one of the most successful and historic sports clubs in the world, announces today that the company's board of directors (the "board") is commencing a process to explore strategic alternatives for the club," the Glazers said on Man United's official website.

"The process is designed to enhance the club's future growth, with the ultimate goal of positioning the club to capitalize on opportunities both on the pitch and commercially.

"As part of this process, the board will consider all strategic alternatives, including new investment into the club, a sale, or other transactions involving the company.

Manchester United players celebrate Fred's goal against Nottingham Forest on February 1, 2023© Reuters

"This will include an assessment of several initiatives to strengthen the club, including stadium and infrastructure redevelopment, and expansion of the club's commercial operations on a global scale, each in the context of enhancing the long-term success of the club's men's, women's and academy teams, and bringing benefits to fans and other stakeholders."

A recent report claimed that Qatari-based investors were preparing to make an offer for Man United, with the group confident that they will be able to agree a deal with the Glazer family.

According to the Daily Mail, there has already been talks between Man United and their potential new owners, although there is still an issue when it comes to the valuation of the club.

There have been claims that the Glazers would want around £6bn to sell the 20-time English champions, but the report claims that a deal could ultimately go through for a fee of between £4.1bn and £4.6bn.

The investors are also believed to be prepared to commit around £2bn to oversee the redevelopment of Old Trafford, which has fallen behind a number of other stadiums in world football.

General view inside Manchester United's stadium Old Trafford before the match on January 10, 2023© Reuters

The new group are said to be prepared to hand head coach Erik ten Hag significant transfer funds, meanwhile, with the Dutchman attempting to lead the club back to the top of the world game.

However, Man United's co-owner Avram Glazer said towards the end of last year that a full sale of the club might not take place, with new investment into the current set-up also an option.

"It's not necessarily a sale, it's a process and we're going forward with the process, so we'll see what happens," he told The Athletic. "I'm here to really watch the World Cup but I appreciate your interest. That's the update, it's the process and the process is proceeding."

Apple, Amazon and Facebook were among the companies to be linked with potential takeovers when it was confirmed by the Glazers that a sale could occur.

Man United were held to a 2-2 draw by Leeds United in the Premier League on Wednesday night and will be bidding to return to winning ways when they visit Elland Road to face the same team on Sunday.

ID:506287:1false2false3false:QQ:: from db desktop :LenBod:collect5206:

Manchester United takeover - Click here for more stories

Click here for more stories about Erik ten Hag

Click here for more stories about Manchester United

Collect / Create New Data
Share this article now:
General view inside Old Trafford before the match on January 10, 2022
Read Next:
Manchester United 'expecting takeover offers imminently'
>
Sports Mole Logo
Enter your email address to subscribe to Sports Mole's free match previews newsletter! Updates are sent twice a week.
rhs 2.0
Today's games header
Tables header RHS
TeamPWDLFAGDPTS
CManchester CityMan City38287396346291
2Arsenal38285591296289
3Liverpool382410486414582
4Aston Villa382081076611568
5Tottenham HotspurSpurs382061274611366
6Chelsea381891177631463
7Newcastle UnitedNewcastle381861485622360
8Manchester UnitedMan Utd38186145758-160
9West Ham UnitedWest Ham381410146074-1452
10Crystal Palace381310155758-149
11Brighton & Hove AlbionBrighton381212145562-748
12Bournemouth38139165467-1348
13Fulham38138175561-647
14Wolverhampton WanderersWolves38137185065-1546
15Everton38139164051-1140
16Brentford38109195665-939
17Nottingham ForestNott'm Forest3899204967-1832
RLuton TownLuton3868245285-3326
RBurnley3859244178-3724
RSheffield UnitedSheff Utd38372835104-6916


Sports Mole provides in-depth previews and predictions for every match from the biggest leagues and competitions in world football.
Argentina's Lionel Messi kisses the World Cup trophy after collecting the Golden Ball award on December 18, 2022Sign up for our FREE daily preview newsletter direct to your inbox!