Will Qatari Investors take over Manchester United?

Sources claim that Qatari investors are preparing a bid to buy Manchester United.

Private Qatari investors want to provide Erik ten Hag with financial support to take the team back to the top of European football.

According to reports, a group of high-net-worth individuals have their eyes set on a team they consider to be “football’s crown jewels”.

Reportedly, they are set to put in an offer for United in the coming days.

Investors from the Middle East are certain that their offer will outperform the opposition such as the likes of Sir Jim Ratcliffe, CEO of Ineos.

The Glazer family have set a £5 billion price tag for the club and redeveloping Old Trafford might cost another sizable sum.

Alternatively, the stadium could be demolished and replaced with a brand-new cutting-edge stadium.

However, the Qatari investors believe that they would not have any issues with the rebuild project’s potential cost of more than £2 billion.

Sources have confirmed that their bid places a strong emphasis on fan interaction, and they may ask fans what they think should happen to the stadium in the future.

The bid for United would come from separate, individual Qatari investors – not to be confused with Qatar Sports Investments, owners of PSG football club.

The potential investors are only interested in a full takeover of the club.

Sheikh Tamim bin Hamad Al Thani, the Emir of Qatar and ruler of its monarchy, is a die-hard Manchester United supporter who is well-versed in the club’s heritage.

The Al Thani family reportedly had a bid for United that was worth more than £1 billion rejected by the Glazers in 2011.

According to insiders, the investors are looking for a fresh project to implement the experience they obtained from hosting the World Cup.

That would include giving Erik ten Hag a transfer cash pile to rebuild his squad.

Sources have reported that “there are significant funds available” by the Qataris.

The source continued: “These people are serious.

“They want to make sure that United are where they should be and they are confident theirs will be the strongest bid.”

“They want to strengthen the squad to put them back at the top but they also want this to be for the good of the community.

“They also want to build on the success of the World Cup.

“They recognise that Manchester United is the biggest football club in the world, the crown jewels, and there is a steely-minded determination to buy it and get it to where it should be.”

The Qatari buyout would require Premier League clearance and would encounter resistance in some circles due to worries over the nation’s human rights record.

No timeframe has been set for the completion of a full sale, but sources have suggested that Qatari investors are keen for the process to reach a quick conclusion.