Manchester United are the subject of takeover interest - to the tune of £1.5 BILLION - from Qatar Holdings.
The Sunday Mirror says Qatar Holdings, an investment vehicle for the Qatari royal family, are pursuing the £1.5billion takeover of Manchester United. The Gulf state of Qatar has already landed the right to stage the 2022 World Cup finals in an audacious international coup.
The Qataris have also accumulated a huge range of trophy assets in England.
These include the Harrods store and spectacular London properties such as One Hyde Park, the Shard of Glass and the US Embassy in Grosvenor Square.
Last week the Qatar Foundation, the charity wing of the ruling family, bought the sponsorship rights to the Barcelona shirt. It was a declaration of their intention of getting Qatar accepted as a global football brand.
Qatar Holdings is the third largest shareholder in car-maker VW and has a stake in Porsche.
The Arabs can satisfy any request for proof of funding from the Glazer family in the United States and are also willing to fund a massive transfer fund for manager Sir Alex Ferguson.
The scene could be set for the Glazers to leave with a massive profit. Qatar Holdings have been linked with a host of European giants including Barcelona and Real Madrid.
However, United have always been top of their wish list.
The purchase of United would leave the club debt free and the most powerful club in the current transfer market.
And even neighbours City, with all their wealth, may find it hard to compete with the potential red revolution.
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