UEFA will allow Qatari investment in Man United despite Paris Saint Germain ownership

A bid from Qatar for Manchester United is probably to be received by UEFA, confirming a new report.

The club has been put up for sale by the present maturity shareholders, the Glazer family, with a price tag of around $5 billion.

This limits the list of possible bidders to a very little elite.

Qatar Sports Investment (QSI), a subsidiary of the sovereign investment fund, Qatar Investment Authority (QIA), already owns Paris Saint Germain, making a full takeover of United a conflict of interest that UEFA would be unlikely to endorse.

However, another group within Qatar has been linked with curiosity and despite the fact that they, too, would eventually have Sheikh Tamim bin Hamad Al Thani as their conclusive head, UEFA will “give Qatar the green light” to their proprietorship of the club, The Daily Mail asserts.

The Mail quotes UEFA rules which state that “no club cooperates in UEFA club contentions may….hold or deal safety or shares in any other club participating’ or ‘be implicated in any position whatsoever in the management direction and/or sporting concert of any other club cooperating.”

However, “UEFA’s Club Financial Control Body, which adjusts rivalry, is likely to rule the dual partnership is legalized as long as Sheikh Tamim is a representative, hands-off figure and the two teams have discrete supervision and distinct business structures, which do not collude.”

The report cites the condition with Red Bull Salzburg and RB Leipzig, which UEFA ruled were governed in a way where there was not a “decisive blow.” on one by the other.

“They also stated that clubs should only be barred if ‘decisive influence’ connected to matters ‘that upset the concert of a club in a contention and not simply common commercial, commercial, financial or other business activities, which do not instantly assume sporting show,’”, The Mail added.

British billionaire Sir Jim Ratcliffe’s company INEOS has also stated its purpose to bid but the Qatari syndicate is anticipated to outbid them, with reports proposing Ratcliffe will not outstrip $4 billion.

INEOS, too, would have to satisfy UEFA that there was no “decisive influence” between OG Nice, also owned by the company, and United if their takeover bid was to be successful.

Bids must be capitulated for the club by Friday, with a Saudi Arabian stockholder and up to three US entities also set to enter the wear.

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