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HomeNewsEmir of Qatar Plans Dual Ownership of Man Utd and PSG

Emir of Qatar Plans Dual Ownership of Man Utd and PSG

Emir of Qatar Plans Dual Ownership of Man Utd and PSG

The Glazer family, who own Manchester United, declared their willingness to sell the club in November, and Qatari investors are among those interested in a takeover bid.

It has been reported that the emir of Qatar is interested in purchasing Manchester United without selling his stake in Paris Saint-Germain.

UEFA regulations prohibit clubs with the same owners from competing in the same league.

This prompted inquiries as to whether the emir, Sheikh Tamim bin Hamad al-Thani, would be able to participate in a bid for a potentially Champions League-eligible English club while also owning PSG through Qatar Sports Investment.

United have been for sale since November, with the Glazer family reportedly setting a soft deadline for bids of mid-February as they seek over £6 billion.

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A Qatari group has met with the current owners in preparation for a possible investment, but there are also potential bidders from other countries, including Britain’s richest man, Jim Ratcliffe.

The emir is not interested in a minority stake in the Premier League club, according to The Guardian.

Even if they share an owner, United, and PSG would be controlled by separate entities, according to the same report.

Nasser Al-Khelaifi serves as the club’s president under the current structure of PSG, which is governed by QSI.

The 49-year-old has spoken frequently about team matters, including recent contract talks with World Cup-winning superstar Lionel Messi.

To continue competing in the same European competitions, it would be necessary to demonstrate that the clubs continue to be governed by separate groups and personnel.

RB Leipzig and Red Bull Salzburg, who share a common owner in Red Bull GmbH but competed against one another in the 2018-19 Europa League group stage, have been granted a similar arrangement.

This week, it was reported that there are four serious bidders for the takeover.

In addition to Qatari interest and Ratcliffe’s bid, Saudi Arabian and American parties are believed to be in the running.

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Martin Broughton, former chairman of Liverpool, questions whether United’s current owners will receive their asking price.

The reported flexible deadline of February 17 means that some bids could still be submitted after that date.

In a November statement, the Glazers said, “We will evaluate all available options to ensure that Manchester United maximizes the significant growth opportunities available to the club today and in the future.”

Throughout this process, we will maintain a complete commitment to serving the best interests of our fans, shareholders, and other stakeholders.

On the field, Manchester United is third in the Premier League after drawing at home with Leeds United during the week.

Sunday afternoon at Elland Road will be their next contest against the same opponent.