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Man Utd and Liverpool poised for joint ownership as Saudi minister outlines plan | Football | Sport

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Saudi Arabia sports minister Prince Abdulaziz bin Turki Al-Faisal has revealed that he would really like his nation’s investors to own each Manchester United and Liverpool. Each clubs have been put up on the market by their respective owners over the past few months.

After quite a few fan protests, the Glazers announced on Tuesday that they were willing to entertain offers for the club. The American family have been on the helm of the Red Devils for 17 years, though the club has struggled during that point.

United haven’t lifted the Premier League trophy since 2013, Sir Alex Ferguson’s final season accountable for the club before he retired. Since, the club has undergone several managerial shifts and had plenty invested into latest signings but to no avail.

And Saudi Arabian minister Prince Abdulaziz feels that having an owner from his homeland owning the club could see them improve. Asked by Sky Sports whether he would really like to see United or Liverpool taken over by Saudi groups, he replied: “I hope so, if there are investors and the numbers add up, and it makes a great business.

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“Then the private sector could are available in, or firms could are available in, from the dominion. The Premier League is one of the best league on this planet. Everyone’s watching the Premier League.

“It’s probably the most watched league and there are diehard fans of those teams in the dominion. So it might be a profit for everybody. I can say that we’ve got a powerful league. It is not one among the strongest in Asia. You recognize, we’re constructing towards a greater future. And we see how the long run holds up for that.”

The Saudi Arabian Public Investment Fund (PIF) acquired Newcastle united late last 12 months after it was sold by Mike Ashley, and so they are quickly making their mark with the Toon Army. Despite the immense funds that the club have available, the Magpies are step by step improving and currently sit in third place within the Premier League, with Eddie Howe constructing a whole squad and refusing to overhaul the team with latest signings.

That will likely be music to the ears of United in the event that they were to be taken over by a Saudi consortium with similar ideas, in addition to Liverpool – though they are going to, after all, be two different groups. Though they are going to not be alone of their keenness to amass the Old Trafford outfit, with Britain’s richest person Sir Jim Ratcliffe holding a long-term interest within the club and expected to make a proposal.

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