WHY PREMIER LEAGUE CLUBS HAVE FILED AGAINST MANCHESTER UNITED QATARI TAKEOVER.


The race to buy Manchester United from the Glazers has taken a twist after major developments took place recently.
The Red Devils, who have two bidders pushing and pulling bids to land them, were reported to be on sale by the Glazers several months ago.


Since the bidding stage was opened, it is only Sir Jim Ratcliff and Sheikh Jasim who have submitted numerous bids for the English club.
While Sir Jim Ratcliff is reported to be on a pole position to buy United, Jasim’s new bid has ignited a lot of speculation in the PL, causing friction between Manchester United rivals.
Jasim was reported to have submitted a whopping offer of £6BN, leading to rival clubs raising caution over his source of money.


As this is taking place, several PL clubs are said to have already began an investigation behind the scenes to unveil Sheikh Jasim’s source of revenue, and they are said to be ready to file a complaint to the FA as per the Athletic.
Sheikh Jasim has long insisted however that his bid is made up of his own money and it is separate to Qatar Sports Investments, who own Paris Saint-Germain.
Manchester United have spent heavily on transfers over the last 18 years, but they have always been under caution from the Financial Fair Play.
This is due to the debt the Glazers have piled on the club throughout their tenure, with the club having debts worth over £500M as things stand.

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