Qatari investors are prepared to make an offer to purchase Manchester United of the Premier League “in the coming days.” “According to individuals familiar with the transaction, Bloomberg reported on Monday.
The group will file a first offer for the club by the end of the week, according to the article, which also said that representatives from the Qatar Investment Authority are assisting with bid preparations.
Manchester United has been approached by Reuters for comment.
After United's American owners, the Glazer family, said in November that they had started considering their options, including additional investment or a possible sale, Jim Ratcliffe's business INEOS officially joined the bidding process to purchase United last month.
The Daily Mail tabloid earlier this month revealed that Qatari investors are preparing to make a sizable offer to purchase Premier League team Manchester United.
The interested parties, according to the Daily Mail article, are independent of Qatar Sports Investments (QSI), the company that owns Paris St. Germain, and the funds will come from a “individual fund.” “as opposed to a sovereign wealth fund.
Erik ten Hag's United are third in the league with 46 points after 23 games, five points behind first-place Arsenal and two points behind Manchester City.
