Manchester United takeover: Sky Sports News chief reporter Kaveh Solhekol answers your questions | Soccer News

A possible takeover of Manchester United continues to dominate sports activities information.

Provides for Qatar Membership Possession Sheikh Jassim Bin Hamad Al Thani And Sir Jim Ratcliffeof the INEOS Group have been confirmed on Friday, whereas it was revealed on Saturday that the American hedge fund Elliott Administration additionally submitted a proposal for doable funding.

However is it a whole takeover? Will United’s present house owners, the Glazer household, promote the membership outright, what might this imply for summer time switch window spending and when will we all know the result?

You could have despatched your questions and Sky Sports activities Information chief journalist Kaveh Solhekol answered them. We have chosen one of the best under…

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Q: Who do you suppose is almost definitely to win their bid?

KS: “I believe in the intervening time the Qataris are up entrance. My understanding is that they’re assured and have one of the best deal on the desk, not solely when it comes to value but additionally their view of the membership and the sport. staff – and the way they might spend money on the lads’s and girls’s groups, the stadium and native regeneration.

“You would need to say that the Qataris are the favourites. They’ve the cash to shut the deal and they’re assured that there can be no issues with UEFA and the Premier League.”

Q: When will a deal for the membership be determined?

KS: “I believe ideally it might swimsuit all events to ensure it is accomplished earlier than the tip of the season. From United’s perspective it would not make sense to enter one other switch window. with out the property being settled, as a result of the Glazers aren’t going to need to spend cash on the storefront with out figuring out in the event that they’re staying or leaving, however it all will depend on whether or not they actually need to promote.”

Q: When will we all know who the popular bidder is?

KS: “If there are solely two bidders to purchase the membership, it should not take Raine and the Glazers too lengthy to provide them full entry to the membership’s accounts.

“Till Monday morning bidders haven’t heard from Raine and you’ve got to remember that New York is 5 hours behind the UK.”

Q: Can INEOS compete with Qatari funds?

KS: “The straightforward reply to that query is not any. The Qataris have virtually limitless funds, however the distinction is that they solely have limitless funds in the event you contemplate it a supported takeover bid. by the state.

“We’re advised that Sheikh Jassim Bin Hamad Al Thani is appearing in his private capability and won’t pay an excessive amount of for United.”

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Q: Can US hedge fund Elliott Administration give the Glazers what they need?

KS: “Elliot Administration’s proposal is completely different from that of the opposite two bidders as a result of they aren’t making an attempt to purchase the membership. As a substitute, they’re ready to fund one other bid or present funds that might allow the Glazers to redevelop Previous Trafford.

“So all of it will depend on what the Glazers need to do. Do they suppose now could be one of the best time to promote the membership, or does promoting a minority stake make extra sense and can make United much more helpful to the world. ‘coming.”

Q: Are there no provides from Saudi Arabia?

KS: “So far as we all know, as of this morning (Monday), there was no supply from Saudi Arabia. That stated, bidders don’t have to announce that they’ve made a proposal and Raine hold their playing cards very near their chest.

“There was preliminary curiosity from Saudi Arabia, however we’ve not obtained any info that they’ve accomplished a bit…but.”

Q: Which is extra possible – a full takeover or the Glazers taking partial funding and retaining management?

KS: “All of it will depend on what the Glazer household desires to do. They may have completely different opinions on one of the best final result of this course of, however there’s a lot stress from the followers for them to depart that you simply’d suppose this is able to be tough for them to show down £5bn for a membership that has to spend some huge cash sooner or later.”

Q: How real looking is it that the takeover is not going to occur and the Glazers determine to remain?

KS: “As a result of United’s share value has doubled because the Glazers truly put the membership up on the market, you’d suppose now can be an excellent time to money in and stroll away with an unimaginable revenue.

“Having stated that, it’s finally their resolution and though we’re advised the bidders is not going to overpay, it additionally stays that the Glazers is not going to promote United for lower than they suppose it’s price.”

Q: Is there any likelihood the Glazers will decrease the value of the membership?

KS: “No likelihood in any respect. United’s market capitalization on the New York Inventory Change has doubled since November, when the Glazers successfully put the membership up on the market.

“The final consensus appears to be that they’re on the lookout for £6-8bn and I do not suppose anybody pays that. All of it will depend on whether or not the Glazers are keen to promote for round £5bn.”

Q: Do you suppose Gary Neville is likely to be proper that the Glazers may want an funding over a sale?

KS: “Gary Neville is likely to be proper, however the Glazers have appointed Raine to guide this course of and so they’ve put out a young for the membership.

“Two compelling provides have been made, however the Glazers must determine what they need to do. Numerous United followers campaigned in opposition to them even earlier than they purchased the membership.

“The Glazers must determine if now could be one of the best time to promote as a result of, make no mistake, United want some huge cash for that.

“They must determine in the event that they need to be on the heart of a reconstruction work that can take years.”

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Q: Will United’s money owed be canceled by the acquisition of the membership or will they nonetheless be there when new house owners take over?

KS: “The Qataris have pledged to wipe out all of United’s money owed. The Glazers purchased United in a £790million leveraged buyout in 2005 and the debt they’ve loaded onto the membership remains to be at £515million.

“Additionally do not forget that the takeover price United over £1 billion in curiosity and dividends. So far as the Qataris have been involved, there can be no loans, no money owed, no dividends and all earnings can be reinvested within the membership and area people.

“As regards Sir Jim Ratcliffe’s INEOS Group, no debt can be positioned on the membership in the event that they have been profitable in shopping for it.”

Q: Would Sir Jim Ratcliffe actually have the funds to do all of this apart from shopping for the membership?

KS: “Sir Jim Ratcliffe is assured he has the funds in place to rework United on and off the pitch. Clearly, one would anticipate him to spend much less on the membership going ahead than the Qataris, however to throw cash out of an issue isn’t essentially all the time one of the best resolution.

“That is to not say the Qataris would simply throw cash at United. I believe their imaginative and prescient for the membership is greater than only a fast repair.”

Sunday, February 26, 3:00 p.m.

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Q: Is Elon Musk actually within the operating or is it simply one other hearsay?

KS: “Elon Musk was all the time a wildcard in all of this. There was a connection within the Every day Mail final week saying he was contemplating making a proposal, however he is been uncharacteristically quiet about any curiosity and we’ve not heard something about him making a proposal.

“He claims to be a United fan and will simply entry the funds to purchase the membership. However he stated final week he already had sufficient on his plate proper now with Tesla, Twitter and SpaceX.”

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Q: Would a sale be possible earlier than the summer time switch window?

KS: “It might be the best state of affairs for everybody concerned. Having signed loans in January solely, United ought to be busy this summer time. Ideally, Erik ten Hag must know who can be signing the checks.”

Q: Can United followers anticipate huge signings?

KS: “I do not suppose the Qataris or Sir Jim Ratcliffe would go loopy within the switch market. There would greater than possible be a shake-up in recruitment and vital funds can be made out there to Erik ten Hag, however I do not. Would not anticipate to see the likes of Kylian Mbappe, Lionel Messi and Neymar swapping Paris Saint-Germain for Manchester United anytime quickly.

“My info is that the main focus can be on younger individuals sooner or later. That is to not say United will not signal gamers of a sure age, however the general technique can be to deal with shopping for one of the best. younger gamers.

“United will signal a striker this summer time, no matter who owns the membership. It has all the time been a precedence.”