Qatar made a $2.4 billion bid on Manchester United

February 26th, 2011 - 12:12 am ICT by Aishwarya Bhatt  

London, Feb 25 (THAINDIAN NEWS) Qatar is determined to get noticed before it hosts the FIFA World Cup in 2022.

After completing a $218 million deal to have their name on the shirt of FC Barcelona, Qatar is reportedly in negotiations to take over probably the biggest club in England, Manchester United. The reports claim that Qatar is ready to splash $2.4 billion in the deal that would see them take ownership of the club. The Arab country initially had an offer of $1.6 million rejected by the owners of Manchester United.

The club is owned by the Glazer family. Malcolm Glazer purchased the club in 2005. They currently have 100% ownership of the club and have previously stated categorically that they would not be selling the club. They have also denied any approach from Qatar.

The Daily Mail however reports that the supporters of the club are putting pressure on the Glazer family to sell off the club. The supporters are reported angry at the way that the club was acquired by Malcolm Glazer.

Manchester United was recently valued at $1.9 billion by Forbes. By Forbes standards Manchester United is the richest club on the planet.

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