2023-01-24 12:50:21

Manchester United expected to receive bid from Saudi Arabian consortium to become new owners

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By Ryan Dabbs

Qatar Sports Investments (QSi), owners of Paris Saint-Germain, is reportedly expecting a Saudi Arabia-based consortium to emerge as a potential bidder for Manchester United, joining Sir Jim Ratcliffe's Ineos in being interested in the club.

Despite the Saudi Public Investment Fund already owning Newcastle United, The Athletic (opens in new tab) is reporting that the Qataris are anticipating a Saudi-based consortium to launch a bid to become the majority owners of Manchester United.

In November, Manchester United's current owners, the Glazer family, said they were considering selling the club as they "explore strategic alternatives", which could also have included new investment.

During the same month, Saudi Arabia's sports minister confirmed that the state's government would support a private sector bid.

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