Something is moving in Manchester

The river is troubled when It is a decade since the departure of Sir Alex Ferguson. The coach left the Old Trafford bench in 2013 and since then the club began a decline that has led it to win only five titles in these seasons and to have up to nine coaches. Today the United It is a chaos of a club, located in sixth position in the Premier League and last in its Champions League group. These are results that reflect what this great club is today, whose great merit is that bad sporting results do not translate into a complicated economic situation.

United is a bargain for its owners, the American Glazer family, who bought the club in 2005 for 1,160 million and today its price is around 7,000 million euros. Sports results have nothing to do with economic results, in this case. The 7,000 million euros is not the price that United is worth today, but rather it is what it is asking for in the sale negotiations it maintains with Sheikh Jassim Al Thani, brother of the emir of Qatar. and a key man in achieving and competing in the World Cup held in the small emirate.

The Glazers and Sheikh Jassim have not reached an agreement, but day by day the positions are getting closer. The offer, according to affected parties, was 5.2 billion and the Emir’s brother has already found a couple of associates in Qatar to raise his offer by 1 billion more. The dirty play from England increases through leaks in the press so that the Glazer family can get closer to what they ask for. That Qatar has been left out of the race, that other options are gaining more strength… The classic. Everything, however, seems to indicate that this time they are closer and there are even those who dare to predict that an agreement could occur this Christmas.

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Qatar knows that investing in football is a safe business. They did well with the World Cup and they do well with PSG, in the same way that the Glazer family has done well, who bought United for a billion and can sell it for seven.

PSG, also owned by Qatari funds, was bought for 70 million euros and a week ago QSI, its current owner, sold 12.5% ​​to Arctos Sports Partner, an American investment fund, which will not have the ability to decide in sports as it is the new minority owner. In these negotiations it was established the current price of the club and it is already 4,584 million euros. In other words, PSG has gone from 70 million to 4.5 billion euros. And, like United, with few results at the international level.

Given all this economic festival, in which the millions seem like pocket change, it shows how beneficial the world of football can be for those who know how to manage the balance of accounts better than the choice of signings or coaches.

2023-12-11 07:53:05
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