Soccer-Middle East money forcing Liverpool, Man Utd to seek new investment – experts

Published by
Reuters UK

By Manasi Pathak and Aadi Nair (Reuters) – Middle Eastern investment in European clubs and the collapse of a planned Super League are the main driving factors behind two of England’s most storied football teams, Liverpool and Manchester United, seeking new investors, industry experts have told Reuters. United’s owners, the American Glazer family, began looking at new investment or a potential sale last year, with British billionaire Jim Ratcliffe’s company INEOS entering the bidding process. Liverpool’s owners Fenway Sports Group also said they would “consider new shareholders”, with the Anfie…

Read More