Qatar’s United bidder is well connected to the PSG owners, but will UEFA turn a blind eye?

Sheikh Jassim Bin Hamad Al Thani, chairman of the Qatari bank QIB, has sent an offer to buy Manchester United. Raine Group, the investment banking company entrusted by the Glazers with the sale of the club. His offer stands at 5 billion euros and he wants total control of the club, which means he would buy out 100% of the shares, unlike for example American hedge fund Elliott, who made a last-minute offer for the club ‘doesn’t want a full-scale takeover of the Red Devils’. The Athletic revealed that Sheikh Jassim’s primary opponent would be Ineos’s owner and the richest man in Great Britain, Jim Ratcliffe, who has almost 70% support from the fans, but that won’t help much with the Glazer brothers. But the main question here is: can Jassim Bin Hamad Al Thani prove he is not connected to the PSG owners?🚨 | Sheikh Jassim Bin Hamad Al Thani and Other influential members of Qatar 🇶🇦 #mufc pic.twitter.com/CeFTvLPfv5— The Transfer Insider (@TransfersIntel) February 19, 2023 It seems like an impossible task for this potential buyer as proofs are all over the place for everybody in goodwill to see, but whether will it be enough for UEFA, remains to be seen. On paper, the European’s main football governing body is banning any individual or entity from owning more than one club in the same competition. But in reality, the poofs which individuals or companies are presenting are not so solid, and yet, UEFA was satisfied with it and approved the sale, like for example Red Bull’s purchase of Leipzig in Germany and Red Bull in Salzburg.The owners of PSG sent an offer to buy Manchester UnitedIn this case, PSG is owned by the Qatar Sports Authority (QSA), with its chair Nasser Al-Khelaifi the club’s president. On the other hand, Al Thani is the chair of the Qatar Islamic Bank (QIB). And as Daily Mail writes, QSA is owned by the Qatari Investment Authority (QIA), the country’s 380 billion euros sovereign wealth fund. QIA is also QIB’s largest shareholder, with 17.7 per cent of the stock. As it happens, Al Thani’s father Hamad bin Jassim bin Jaber Al Thani, Qatar’s former prime minister, is also the former chair of QIA. Enough for everyone to see the connection, but will it be enough for UEFA, we will soon find out.One investor, two clubs: is Europe big enough for both?The owners of Manchester United are looking for a 6.7 billion price for the club and reportedly won’t accept anything less, but various media suggest that a 5.5 bid will be enough. Al Thani has offered 5 billion, while the estimated value of the club as it stands today is 4 billion.ENGLISH PREMIER LEAGUESaturdayAston Villa – Arsenal 2-4 (2-1)/Watkins 5, Coutinho 31 – Saka 16, Zinchenko 61, Martinez 90+3 og, Martinelli 90+8/Brentford – Crystal Palace 1-1 (0-0)/Janelt 90+6 – Eze 69/Brighton – Fulham 0-1 (0-0)/Solomon 88/Chelsea – Southampton 0-1 (0-1)/Ward-Prowse 45+1/Everton – Leeds 1-0 (0-0)/Coleman 64/Nottingham Forest – Manchester City 1-1 (0-1)/Wood 84 – Bernardo 41/Wolverhampton – Bournemouth 0-1 (0-0)/Tavernier 49/Newcastle United – Liverpool x-x (0-2)/Nunez 10, Gakpo 17/Sunday17.00: (1.68) Man.Utd. (3.80) Leicester (5.50)19.30: (1.89) Tottenham (3.70) West Ham (4.60)***odds are subject to change

 

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