On the one hand, the club, which has been in competition with Real Madrid and Barcelona for years, ranked first in all economic valuation rankings in the football world. On the other hand, it is the State that has given the most money to this sport in the last twenty years. In between, a transaction budding in value 6 billion poundsapproximately 7,000 million euros will change. HE Manchester United And Train forming the alliance with the greatest potential in history football… but these kinds of stories don’t always turn out well.
Let’s start at the beginning of this story. It could be placed in 2005 when American businessman Malcolm Glazer, who had been in the side two years earlier, bought a majority stake in the Mancunian club, Sevilla’s next rival in the Europa League, for around 1,200m euros. An amount funded by Glazer high risk loans that the club itself acts as a guarantee. In other words, the capital injection came not from Manchester United’s pocket but from the economic performance it has produced over the years.
Fans’ Denial to Malcolm Glazer
This, of course, is for ‘Red Devils’ fans They will never look favorably on Malcolm Glazer or his children.He came to power after the death of his father in 2014. American nationality was in itself a challenge to gain acceptance from British fans who were not accustomed to having their club in the hands of British owners at the time. The way he bought the club didn’t help correct that perception, of course.
Sir Alex Ferguson’s hierarchy helped bring some peace to Old Trafford. In the first seven years of Glazer ownership, Manchester United lifted five Premier Leagues and one Champions, one of the best times in its entire history. But everything turned upside down after the legendary Scottish coach retired: This season will be the tenth consecutive season that the ‘Red Devils’ have not won the league title, apart from a miraculous comeback. A bad streak not seen at the club since the 80s.
Loss of leadership against Madrid and Barça
Although the economic performance did not stop, at least until the pandemic entered our lives, in short, the wear and tear increased exponentially as the seasons passed. It is true that the world leadership he held for years placed him in this position, according to accredited lists such as those prepared annually by Forbes. Lately behind Real Madrid and Barcelonabut the goose continued to lay golden eggs.
But, HE covid damaged solid accounts A club that is also facing the need to remodel the old Old Trafford, which is hard to put off. This factor, along with the sales of flagship clubs in recent years such as Chelsea and Newcastle as paradigmatic examples, encouraged the Glazers to showcase their stakes by undertaking the largest auction in world football history.
So far there have been two main parties interested in buying Manchester United. On the one hand is Jim Ratcliffe, owner of the multinational chemical company Ineos, which exploded in the bicycle market a few years ago and sponsored competitions like Elud Kipchoge’s record marathon with rabbits. They say his offer is close to £5,000m.
6 billion lira offer
But who Qatar currently holding the poleA dictatorship that seems eager to reach the £6,000m that the Glazers plan to cut out of their jobs. The operation is led by Sheikh Jassim Bin Hamad Al Thani, chairman of the Qatari bank QIB and a member of the emirate’s royal family.
If the operation bears fruit, which is not yet clear, we face the potentially strongest economic alliance in football history. The club with the most followers in emerging markets such as North America, China and Southeast Asia, with the economic injection of the dictatorship that has invested the most in football: The most paradigmatic examples are PSG and, above all, last year’s World Cup. .
Operation some ethical and moral conditions for systematic violations of human rights Recounted over and over by Qatar. It is not worth dwelling on any further as it is unfortunately known by the football industry and more unfortunately overlooked.
What is interesting is that this future scenario is novel, coexisting in the framework of European football between PSG (which, according to growing rumors, Qatar is not considering liquidation) and Manchester United. regulation uefa prevents two teams with the same owner from competing They face each other in the same tournament. In the Champions League, in this case.
United and PSG together
Will it prevent the Manchester club from being bought? It doesn’t look like that will happen for a number of reasons. First of all, the purchasing instrument that Qatar (national bank) wants to use is different from the instrument investing in PSG (sovereign fund), so even if all the money comes in the property, it will definitely be different. from the same place
Moreover, The example of Leipzig and SalzburgBoth belong to the Red Bull group, showing that there is always a solution. In this case, the German group’s property was given to a group of executives from the energy drink’s parent company.
Finally, UEFA plans to review its own standardAs its president, Aleksander Ceferin, explains, because the trend to create business ‘holdings’ in football (the Manchester City group is the best example along with Red Bull) is on the rise, and the pitch cannot be closed forever.
It should not be forgotten that in the conflict between UEFA and Super League, Qatar has become an ally of the European organizationShocked by the Negreira case, Florentino Pérez takes the lead of European clubs that oppose his project. An ideal breeding ground for all the pieces that will face the descent of the Arab dictatorship at Manchester United. Now the ball is in Glazers’ court.