Middle East money forcing Liverpool, Manchester United to seek new investment: Experts
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 Anfield club struggling to qualify for the lucrative Champions League next season.
United and Liverpool are the two most successful teams in English football but have won only one league title each in the past decade.
Lisa Neirotti, the Director...