{"id":44221,"date":"2023-02-09T20:35:21","date_gmt":"2023-02-09T20:35:21","guid":{"rendered":"https:\/\/www.africa-press.net\/south-africa\/all-news\/man-united-in-talks-with-qatari-investors-over-sale"},"modified":"2023-02-09T20:58:00","modified_gmt":"2023-02-09T20:58:00","slug":"man-united-in-talks-with-qatari-investors-over-sale","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/south-africa\/all-news\/man-united-in-talks-with-qatari-investors-over-sale","title":{"rendered":"Man United ‘in talks’ with Qatari investors over sale"},"content":{"rendered":"

Africa-Press – South-Africa. <\/strong><\/span>Manchester United have reportedly opened talks with Qatari investors as speculation intensifies over the future ownership of the Premier League giants ahead of a deadline for bids.<\/p>\n

The American Glazer family, who completed their takeover of the 20-times English champions in 2005, announced in November that they were open to a sale or investment.<\/p>\n

British billionaire Jim Ratcliffe’s Ineos company officially joined the race to buy the club last month – the only bidder to publicly declare an interest so far.<\/p>\n

Potential buyers are understood to have until 17 February to table offers.<\/p>\n

The Daily Mail said a group of private investors from Qatar want to buy United and talks have taken place with the club’s hierarchy, confident that theirs would be the strongest bid.<\/p>\n

The Guardian reported that Qatar’s ruler, Sheikh Tamim bin Hamad Al-Thani, was interested in buying United, just weeks after the energy-rich Gulf state hosted the World Cup.<\/p>\n

But the emir bought French champions Paris Saint-Germain in 2011 through Qatar Sports Investments (QSI) – meaning a full buyout of United would not be permitted under current UEFA regulations.<\/p>\n

Britain’s Press Association said QSI was considering the purchase of a minority stake in United or another Premier League club.<\/p>\n

The organisation is a subsidiary of the Qatar Investment Authority (QIA), the country’s sovereign wealth fund, which has assets worth hundreds of billions of dollars.<\/p>\n

The chief executive of the QIA, Mansoor Al-Mahmoud, told Bloomberg last month: “Sovereign wealth funds are becoming investors in some of the clubs and you will not be surprised if we invest in this (area) but again we go into a very fundamental process and making sure if we invest this is very commercially driven for our future generations.”<\/p>\n

Amnesty International said Qatari interest in United should act as a “wake-up call” to the Premier League over its ownership rules.<\/p>\n

“Coming in the wake of the World Cup and strenuous efforts from the Qatari government to fashion a glitzy new image for the country, it seems highly likely that any Qatari bid for Manchester United would be a continuation of this state-backed sportswashing project,” said Peter Frankental, Amnesty UK’s economic affairs director.<\/p>\n

He added: “We’re not necessarily opposed to the involvement of state-linked overseas financial consortia in English football, but the Premier League must urgently strengthen ownership rules to ensure they’re human rights-compliant and not an opportunity for more sportswashing.”<\/p>\n

The unpopular Glazers saddled United with huge debts and further angered fans by backing the failed European Super League project in 2021.<\/p>\n

The club have not won the Premier League since 2013 and have failed to win any silverware since 2017.<\/p>\n

United are third in the Premier League this season after an improvement in form under manager Erik ten Hag, who took over before the start of the current campaign.<\/p>\n

For More News And Analysis About South-Africa<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – South-Africa. Manchester United have reportedly opened talks with Qatari investors as speculation intensifies over the future ownership of the Premier League giants ahead of a deadline for bids. The American Glazer family, who completed their takeover of the 20-times English champions in 2005, announced in November that they were open to a sale […]<\/p>\n","protected":false},"author":84,"featured_media":44220,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,17],"tags":[274,315,1234,1500,326,275],"class_list":["post-44221","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-sport","tag-africa-press","tag-africa-press-south-africa","tag-manchester-united","tag-premier-league","tag-soccer","tag-south-africa-2"],"yoast_head":"\nMan United 'in talks' with Qatari investors over sale - South Africa<\/title>\n<meta name=\"description\" content=\"Manchester United have reportedly opened talks with Qatari investors as speculation intensifies over the future ownershi ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/south-africa\/all-news\/man-united-in-talks-with-qatari-investors-over-sale\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Man United 'in talks' with Qatari investors over sale\" \/>\n<meta property=\"og:description\" content=\"Manchester United have reportedly opened talks with Qatari investors as speculation intensifies over the future ownershi ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/south-africa\/all-news\/man-united-in-talks-with-qatari-investors-over-sale\" \/>\n<meta property=\"og:site_name\" content=\"South Africa\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-02-09T20:35:21+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-02-09T20:58:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2023\/02\/postQueueImg_1675962327.76.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"476\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/man-united-in-talks-with-qatari-investors-over-sale#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/man-united-in-talks-with-qatari-investors-over-sale\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Man United ‘in talks’ with Qatari investors over sale\",\"datePublished\":\"2023-02-09T20:35:21+00:00\",\"dateModified\":\"2023-02-09T20:58:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/man-united-in-talks-with-qatari-investors-over-sale\"},\"wordCount\":490,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/man-united-in-talks-with-qatari-investors-over-sale#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2023\/02\/postQueueImg_1675962327.76.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-South-Africa\",\"manchester united\",\"premier league\",\"soccer\",\"South-Africa\"],\"articleSection\":[\"all news\",\"sport\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/south-africa\/all-news\/man-united-in-talks-with-qatari-investors-over-sale#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/man-united-in-talks-with-qatari-investors-over-sale\",\"url\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/man-united-in-talks-with-qatari-investors-over-sale\",\"name\":\"Man United 'in talks' with Qatari investors over sale - 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