In this article, you will get all information regarding Saudi government reportedly definitely backs bids for Man U and Liverpool

  • Saudi Arabia’s sports minister has told the BBC he will support private offers for Manchester United and Liverpool FC.
  • Man United’s American owners, the Glazer family, are investigating a possible sale of the club.
  • A consortium led by the Saudi Public Investment Fund already owns Newcastle United FC.

Saudi Arabia’s sports minister has said his government will back the kingdom’s private bids for British soccer clubs Manchester United and Liverpool.

“We will certainly support it if a private sector steps in because we know it will have a positive impact even on sports within the kingdom,” Prince Abdulaziz bin Turki Al Faisal told BBC Sport on Thursday.

Manchester United said on Wednesday it was exploring “strategic alternatives”, including a sale or further investment in the club, which is currently owned by the American Glazer family.

Liverpool FC was also put up for sale a few weeks earlier by owners Fenway Sports Group.

Prince Abdulaziz told BBC Sport he couldn’t speak on behalf of the private sector, “but if there’s an investor willing to do it and the numbers add up, why not?”

Saudia Arabian is no stranger to investing in English football clubs. A consortium led by Saudi Arabia’s Public Investment Fund bought Newcastle United FC in October 2021 for $409 million.

Manchester United and Liverpool are among the most valuable sports teams in the world. Forbes estimates that Manchester United is worth around $4.6 billion, while Liverpool is worth around $4.45 billion. Both play in the English Premier League, which earns a substantial amount of money from television broadcasting rights, both domestically and internationally.

English Premier League revenue is expected to reach £6 billion, or $7.27 billion, this season between August 2022 and May 2023, according to an August report from accounting giant Deloitte.

“There’s a lot of interest, there’s a lot of appetite and there’s a lot of passion for football,” Prince Abdulaziz told the BBC.


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Saudi government reportedly definitely backs bids for Man U and Liverpool

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