According to the Manchester Evening News, the Qatari investors are planning to make an attractive offer to buy Manchester United.
If they successfully close a deal to buy the club, they would give Erik ten Hag a massive transfer war chest for this summer. Ten Hag took over as manager of the Red Devils last year, and since then, he has presided over a sharp improvement in things at Old Trafford.
A group of very wealthy people with roots in Qatar are interested in purchasing United because they see the club as “football’s crown jewels.” They intend to submit their offer in the upcoming days and are convinced they can easily outbid competitors.
The Glazers, who acquired ownership of United in 2005, currently own the club. The American family gave prospective suitors until mid-February to submit their offers, and now they are asking for £6 billion in exchange for the Red Devils.
If the Qatari investors are successful in their bid, they would have no trouble raising the money necessary to develop Old Trafford or build a brand-new cutting-edge facility if they choose to demolish the team’s current home.
The high-net-worth individuals may decide to consult the fans regarding the stadium’s future as they view fan engagement as a crucial component of their bid, which may cost them more than £2 billion.
The Qatari investors are eager for the process to be done as soon as possible and are only interested in a full takeover; they have no interest in purchasing half ownership. Additionally, the investors hope to find a new project to work on using the experience they gathered from hosting the World Cup.
Any buyout would require the approval of the Premier League, and the deal would encounter resistance because of reservations over Qatar’s human rights record.
British billionaire Jim Ratcliffe is also in the race and US bank Raine, which is managing the sale, has already exchanged financial information with other parties interested in buying the Red Devils.
If the Qatar-based investors are able to buy the club, then Ten Hag will likely get most of his targets in the upcoming transfer window. Although it depends on the manager’s needs, the new owner will certainly support his strategies in the transfer market.
With players like Harry Kane, Victor Osimhen and Jude Bellingham already carrying a big price tag on their heads, a huge transfer chest will make it easy for the club to get their targets without much resistance.
