{"id":8728,"date":"2023-01-18T15:06:11","date_gmt":"2023-01-18T15:06:11","guid":{"rendered":"https:\/\/atswins.ai\/blog\/football-who-can-buy-manchester-united-and-what-is-it-worth\/"},"modified":"2023-01-18T15:06:11","modified_gmt":"2023-01-18T15:06:11","slug":"football-who-can-buy-manchester-united-and-what-is-it-worth","status":"publish","type":"post","link":"https:\/\/atswins.ai\/blog\/football-who-can-buy-manchester-united-and-what-is-it-worth\/","title":{"rendered":"Football &#8211; Who can buy Manchester United and what is it worth?"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p>Reuters &#8211; Jim Ratcliffe&#8217;s company INEOS officially announced on Tuesday, months after it said it was considering selling the club as the club&#8217;s owners, the Glazer family, explore &#8220;strategic options&#8221;. entered the bidding process to buy Manchester United.<\/p>\n<p>If the Glazers decide to sell the Premier League club, the possible buyers are:<\/p>\n<p>Jim Ratcliffe<\/p>\n<p>British billionaire Ratcliffe, a longtime fan of the 20-time British champion, expressed interest in August, but two months later, when he contacted his family, the Glazers announced that the Premier League side had sold. I was told that it had not been issued to<\/p>\n<p>On Tuesday, his company INEOS officially entered the bidding process.<\/p>\n<p>Ratcliffe tried unsuccessfully to buy London club Chelsea last year, but was eventually bought by an investment group led by American Todd Boley and Clearlake Capital.<\/p>\n<p>Ratcliffe&#8217;s name has raised concerns that he may be undervalued by some analysts&#8217; estimates of the club&#8217;s worth of over $4.5 billion, but United fans see him as a welcome figure to many. It was widely mentioned among<\/p>\n<p>middle east investor<\/p>\n<p>United&#8217;s local rivals Manchester City are funded by Abu Dhabi United Group, and Saudi Arabia&#8217;s Public Investment Fund has completed its \u00a3300 million takeover of Newcastle United in 2021.<\/p>\n<p>Paris Saint-Germain is owned by Qatar Sports Investments (QSI) and rumors are swirling that an investor from another Gulf country may be keen to buy United.<\/p>\n<p>Bloomberg News reported earlier this week that United, Tottenham Hotspur or Liverpool are among QSI&#8217;s acquisition targets.<\/p>\n<p>However, the Spurs said, &#8220;There is no truth to the reports that a meeting has taken place regarding the sale of the club&#8217;s shares.&#8221;<\/p>\n<p>Saudi Arabia&#8217;s sports minister, Crown Prince Abdulaziz bin Turki Al-Faisal, has confirmed to Sky Sports that Saudi Arabia intends to buy United.<\/p>\n<p>The Times, which first reported that Ratcliffe&#8217;s INEOS had entered the tender, said it expected interest from the US and Asia.<\/p>\n<p><button class=\"link caas-button collapse-button\" aria-label=\"\" title=\"\" data-ylk=\"elm:readmore;slk:Story continues\">story continues<\/button><\/p>\n<p>red knights<\/p>\n<p>In 2010, the Red Knights, a group involving former English Football League chairman Keith Harris, then-Goldman Sachs chief economist Jim O&#8217;Neill, and British investor Paul Marshall, announced that the &#8220;media put the club&#8217;s takeover plans on hold due to &#8216;speculation&#8217;. Inflated valuation aspirations.  \u201d<\/p>\n<p>O&#8217;Neal and Marshall wrote to United co-chairman Joel Glaser calling for immediate corporate governance reform in 2021.<\/p>\n<p>The Manchester Evening News reported in November that O&#8217;Neill could consider a buyout, but only if the Glazers lower their current &#8220;unrealistic&#8221; demands.<\/p>\n<p>Asked by the BBC at the time if he would need to raise \u00a34bn to buy United, O&#8217;Neill said: &#8220;I don&#8217;t know if it will necessarily be all that, but we&#8217;ll see.<\/p>\n<p>(Reporting by Manasi Pathak and Shrivathsa Sridhar from Bangalore; Editing by Elaine Hardcastle)<\/p>\n<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/news.google.com\/__i\/rss\/rd\/articles\/CBMiUmh0dHBzOi8vdWsuc3BvcnRzLnlhaG9vLmNvbS9uZXdzL3NvY2Nlci1jb3VsZC1idXktbWFuY2hlc3Rlci11bml0ZWQtMTUwNjExNzE3Lmh0bWzSAVpodHRwczovL3VrLnNwb3J0cy55YWhvby5jb20vYW1waHRtbC9uZXdzL3NvY2Nlci1jb3VsZC1idXktbWFuY2hlc3Rlci11bml0ZWQtMTUwNjExNzE3Lmh0bWw?oc=5\" rel=\"nofollow noopener\" target=\"_blank\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Reuters &#8211; Jim Ratcliffe&#8217;s company INEOS officially announced on Tuesday, months after it said it was considering selling the club as the club&#8217;s owners,<\/p>\n","protected":false},"author":1,"featured_media":8729,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[1],"tags":[],"class_list":["post-8728","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","two-columns"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/atswins.ai\/blog\/wp-content\/uploads\/2023\/01\/9fdf71b337a07cae45106b300507c313.jpeg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/atswins.ai\/blog\/wp-json\/wp\/v2\/posts\/8728","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/atswins.ai\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/atswins.ai\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/atswins.ai\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/atswins.ai\/blog\/wp-json\/wp\/v2\/comments?post=8728"}],"version-history":[{"count":0,"href":"https:\/\/atswins.ai\/blog\/wp-json\/wp\/v2\/posts\/8728\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/atswins.ai\/blog\/wp-json\/wp\/v2\/media\/8729"}],"wp:attachment":[{"href":"https:\/\/atswins.ai\/blog\/wp-json\/wp\/v2\/media?parent=8728"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/atswins.ai\/blog\/wp-json\/wp\/v2\/categories?post=8728"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/atswins.ai\/blog\/wp-json\/wp\/v2\/tags?post=8728"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}