Who will take over ownership of Manchester United? A glance at probable bidders
In recent months, a number of potential bidders have emerged, which has kept the topic of the takeover of Manchester United at the forefront of many people's minds. There is more than one party interested in purchasing the prestigious club, including a wealthy individual, a consortium, a global firm, and an oil state. According to reports, Sir Jim Ratcliffe, a longtime follower of Manchester United, is looking for investors to help him purchase the club because it would be difficult for him to do so with his own funds.
In January, Ratcliffe's company INEOS made its official entry into the process of bidding for the club, and recent reports indicate that the Glazer family is ready to sell the club. Competition will come from Qatar, whose Qatar Investment Authority is rumoured to be worth around £360 billion. He will have to face this challenge. Ratcliffe, who is a supporter of Manchester United and who is also the owner of two other football teams, is the most likely choice.
However, some Manchester United supporters continue to be concerned that a takeover by a group from Qatar would be a continuation of the sportswashing initiative that is funded by the Qatari government.
