4 potential owners of Manchester United now it is up for sale
By Tanish Menon
Dubai Investment Fund (DIF)
Another bidder has emerged according to recent reports with Dubai’s Sovereign Wealth fund named.
There have been a few high-profile takeovers of European clubs from investors linked to sovereign nations.
Dubai is yet to follow the likes of Abu Dhabi and Saudi Arabia in adding a Premier League club to its portfolio.
Local rivals, Manchester City have enjoyed huge success on the pitch whilst being owned by Abu Dhabi’s City Football Group, meanwhile Newcastle United have also begun their rebuild after being bought by Saudi Arabia’s Public Investment Fund last season.
The Red Devils are in dire need for a complete overhaul, with the stadium and youth academy facilities below par for a club aiming to compete with the elite.
Portuguese icon Cristiano Ronaldo has also come out criticizing the lack of investment in an interview with Piers Morgan, following which his contract with the club was terminated.
While more Middle Eastern investment in the Premier League would unsettle some fans, such a move would also create symmetry in Manchester.