PSG billionaire Qatar owners make decision on ditching Ligue 1 club to buy Man Utd

by | 25 November, 2022 | EPL News, Ligue 1 News

Qatar are focused on PSG rather than a bid for Man Utd.

Qatar are focused on PSG rather than a bid for Man Utd.

Manchester United are set to go under auction in the coming months after current owners, the Glazer family, announced their interest in a partial or full sale on Tuesday. But widespread jubilance across the fanbase, with the end of an unpopular 17-year regime in sight, has been simmered by concerns of United becoming a state-funded club.

Just hours after the Red Devils announced Cristiano Ronaldo had left the club via mutual consent, the Glazers dwarfed that news by welcoming investment with the view of surrendering control altogether at Old Trafford. The appointment of broker Raine Group, who ensured Chelsea’s sale went through last month, indicated as much.

It’s attracted fears that Middle Eastern suitors could enter the frame and diminish the morale high-ground United supporters have held over bitter rivals Manchester City since their Abu Dhabi takeover in 2008. However, Qatari investors won’t be entering the race.

According to the Telegraph, Qatar Sports Investments have categorically squashed any talk of interest in buying United from the Glazer family. They have insisted their long-term focus remains on French giants Paris Saint-Germain, now joining Abu Dhabi and Saudi Arabia as unlikely successors.