“Several private groups in Riyadh have formally reported” to the US bank Raine, which is in charge of the sale, the newspaper said.
“It remains to be seen if Saudi Arabia actually makes an offer,” The Telegraph added, “but intermediaries acting on behalf of various groups in the country have signed to gain access to documents relating to the sale,” it added.
At the moment, the petrochemical group Ineos, of the British billionaire Jim Ratcliffehas been the only candidate who has made his interest official, but the sale of a club of such magnitude, owned by the Glazer family since 2005, is a unique occasion.
According to the British press, there is also an offer from a group of Qatari investors, whose proposal would rise to 4.5 billion pounds (5.1 billion euros, 5.4 billion dollars).
According to a source close to the operation, contacted by AFP, the Qatari offer would not be presented on behalf of Qatar Sports Investments, the group that owns the psg, nor its mother-house, the sovereign wealth fund Qatar Investment Authority, but “a completely different fund”.
The purchase of newcastle, Less than two years ago, by a consortium 80% owned by the Saudi sovereign wealth fund, encountered difficulties, but it was not so much because of the required guarantees of the club’s independence from the Gulf monarchy, but because of a case of hacking by part of the Saudis for broadcasting the competition in the region, whose rights were held by the Qatari channel BeIN Sport.
Source: Ambito
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