Fresh takeover talk forManchester United involving Qatar is again emerging.
The People says football’s grapevine is buzzing with rumours that Qatar Holdings, the business arm of the country’s ruling royal family, are the real force behind a United cash spree that is set to top £125MILLION.
That kind of transfer market spending is reckoned to be way beyond the Glazer family who bought the club for nearly £800m in 2005.
Qatar Holdings, a division of the Qatar Investment Authority, which identifies ways to maximise the Arab state’s oil fortune, are believed to have had a £1.5billion offer turned down last year.
But it has been suggested in business circles that a third party – thought to be the Qataris – may have funded a £250m loan repayment by the American-based Glazers late last year.
That arrangement, if accurate, is thought to be a forerunner to a full takeover bid, with sources close to the Glazers saying they now value the 12-time Premier League champions closer to a staggering TWO BILLION POUNDS.
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