Saudi Billionaire Turki Al-Sheikh in 'Advanced' Talks to Buy Manchester United
The Glazer family has reportedly set a staggering £5.2 billion valuation for Manchester United, a figure that more than doubles the club’s estimated £2 billion market value. Sources close to the ownership group indicate that the Florida-based family would only consider selling at that price, marking their clearest signal yet that a sale would require a record-breaking bid.
The Glazers demand £5.2 billion to sell Manchester United amid fresh Saudi takeover interest led by billionaire Turki Al-Sheikh.
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A Price of Power: Glazers Hold Firm
The Glazers, who acquired Manchester United for £790 million in 2005, have long faced backlash from supporters urging them to sell. Despite years of fan protests and falling confidence, the family continues to maintain control. Insiders believe the Glazers expect United’s valuation to surge once their proposed stadium redevelopment begins, insisting that any buyer must pay upfront for that future growth. Reports from The Mirror suggest the owners have already rejected three discreet takeover approaches, including one from a Gulf-based investment fund, though discussions reportedly remain “slightly ajar” for the right offer.
Saudi Billionaire Turki Al-Sheikh Leads Fresh Takeover Interest
Saudi billionaire Turki Al-Sheikh, a global sports and entertainment magnate, is said to be leading efforts for a possible Manchester United takeover. Al-Sheikh, known for his high-profile investments across football, boxing, and UFC, has hinted that discussions are at an “advanced stage.” Club insiders, however, maintain that no formal agreement has been reached and that the Glazers have made no public comment on the matter. Turki’s interest stems from United’s global influence, vast supporter base, and enduring prestige. In a social media post, he remarked, “The best news I heard today is that Manchester United is now in an advanced stage of completing a deal to sell to a new investor – I hope he’s better than the previous owners.”
Qatari Bid Collapse and Ratcliffe’s Partial Takeover
The latest takeover speculation follows the 2024 bid by Qatari banker Sheikh Jassim Al-Thani, who reportedly offered over £5 billion for a full buyout before withdrawing after protracted negotiations. Instead, the Glazers opted to sell a 27.7% minority stake to British billionaire Sir Jim Ratcliffe for £1.25 billion. Ratcliffe, through his INEOS group, gained control of football operations at Old Trafford. He has since commented pointedly on the failed Qatari attempt, saying, “Still nobody’s ever seen him (Sheikh Jassim)... The Glazers never met him… I’m not sure he exists.”
Financial Strain Fuels Overseas Opportunities
Manchester United’s finances remain under pressure despite strong commercial revenues. Missing out on European football this season created a £100 million shortfall, compounded by an early Carabao Cup exit. To mitigate losses, club executives are pursuing overseas friendlies, including potential appearances in Saudi Arabia. The Red Devils could earn around £5 million per game during the Riyadh Season Cup, a tournament that may feature Al-Nassr and Al-Hilal. The club is also considering a high-profile All-Star match featuring Saudi Arabia’s best players, mirroring the 2023 showcase involving Messi, Neymar, and Mbappé, which could generate another £5 million.
Glazers Prioritize Cash Over Long-Term Commitment
Although the Glazers publicly maintain their commitment to Manchester United’s future, recent financial actions tell a different story. Despite announcing record revenues of £670 million, the club has implemented staff layoffs and continues to seek new investment. One proposal under review is the partial sale of the family’s stake to a Saudi-led consortium, aimed at funding the stadium redevelopment project. However, with the Glazers valuing the club at £5.2 billion, any prospective buyer must be prepared to make one of the most expensive acquisitions in sports history. Until then, the ownership saga surrounding Manchester United remains unresolved, balancing ambition, financial strain, and global intrigue.
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