UEFA rules prevent clubs with the same owners from competing in the same European competition for integrity reasons. That would rule out a full takeover of United, Liverpool or Spurs unless QSI sells PSG.
The Glazers put United on the market in November and appear set to end their 18-year reign. The Raine Group – which oversaw the sale of Chelsea last year – has been appointed to find a full or partial takeover of the Old Trafford outfit.
CEO Richard Arnold said last week: “As part of this process, the board will consider all strategic alternatives, including new investment into the club, a sale, or other transactions involving the company. This will include an assessment of several initiatives to strengthen the club, including stadium and infrastructure redevelopment, and expansion of the club’s commercial operations on a global scale, each in the context of enhancing the long-term success of the club’s men’s, women’s and academy teams, and bringing benefits to fans and other stakeholders.
“When and in what form that investment comes remains uncertain, but I feel confident in saying it will be a positive process for the club because we all understand the capital needs that we have, in terms of redeveloping the stadium and training ground while continuing to build a winning team.”
For all the latest Sports News Click Here
For the latest news and updates, follow us on Google News.
