Qatari interest 'concrete' as exciting takeover news confirmed by Fabrizio Romano

Qatari interest ‘concrete’ as exciting takeover news confirmed by Fabrizio Romano

Fabrizio Romano has confirmed Qatari investors have expressed an interest in Manchester United.

In November, the owners of United, the Glazer family shocked the world of football and finance when he announced he was looking for “strategic alternatives”, with a full sale of the club as a potential outcome.

THE Americans have allegedly set a mid-February deadline for takeover bids and hope to complete any sale by the end of March.

British billionaire Sir Jim Ratcliffeowner of petrochemical giant Ineos, is the only person to have publicly announced its entry into the bidding process for the Old Trafford Club.

However, in recent months there have been reports of interest from European consortia, US venture capitalists and oil-rich Middle Eastern backers.

Romano confirms Qatar’s interest in Manchester United

Teacher transfers Roman confirmed reports that there has been ‘concrete interest’ in United from a Qatari group.

It has been widely reported that private investors linked to the Qatari royal family are considering making a bid for the Premier League giants.

About this, Romano told his Youtube channel: “We can confirm that there is concrete interest from a Qatari group. It’s true.

“They are exploring the terms of a Manchester United deal with the Glazers family, of course with intermediaries and legal persons to handle the process.

“But they are exploring the terms of this potential deal.”

Besides, sky sports claimed Qatari investors had been contacted by investment bank Raine Group to see if they were interested in buying United.

However, the publication pointed out that although the Qatari outfit have shown an interest, they won’t pay too much for the club.

The Glazers are said to be looking for an asking price of £6billion, which would be a world record for a sports team. However, the club is valued at £3.2 billion on the New York Stock Exchange.

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