Thu, Dec 18, 2014
A A A
Welcome preal121
RSS

Sovereign Wealth Funds Briefing - Categorized | Investment

Qatar Holdings making GBP2 bln takeover plans for Manchester United

Posted on 15 June 2011

Qatar Holdings are reportedly planning a £2 billion takeover of Manchester United. The People claims Qatar Holdings, the business arm of the country’s ruling royal family, are financing United’s summer spending which is expected to be around £125 million.

It is argued that United’s owners, the Glazer family, who bought the club for nearly £800 million in 2005, do not have the financial capability to fund that level of transfer spending.Qatar Holdings, a division of the Qatar Investment Authority, is believed to have had a £1.5 billion offer turned down last year……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 15416 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
M T W T F S S
« Nov    
1234567
891011121314
15161718192021
22232425262728
293031