Man Utd talks with Qatar takeover group ‘ALREADY underway with investors set to knock Glazers price down to £4.5bn’
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THE GLAZERS are in talks with a group of Qatari investors over the sale of Manchester United, according to reports.
Earlier this week a Qatari group was revealed to be in the running to buy the club.
They have until February 17 to submit a bid to purchase a majority stake in United.
And according to the discussions have taken place between the two parties.
But the Glazers could reportedly struggle to attract a bid close to their £6billion valuation.
Instead it is believed a sale of around £4.1-£4.5bn is more realistic.
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That is partly because the new owners will have to redevelop Old Trafford, which could cost £2bn.
The Glazers are also open to selling a minority stake in the club if their asking price is not met.
That could still mean the Qataris or another interested party invests in the playing squad, allowing United to chase targets like Harry Kane and Declan Rice.
The money behind the Qatari group is reportedly an individual fund rather than a sovereign wealth fund.
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That means it is separate from Qatari Sports Investment [QSI]- the owners of Paris Saint-Germain.
As a result, there should be no issue with Uefa's rule forbidding two clubs with the same owners from participating in the same competition.
