• Football
  • Boxing
  • UFC
  • Home
  • Football
    • England
    • Transfer News
    • Premier League
    • Champions League
    • Lionel Messi
    • Cristiano Ronaldo
    • EA FC 25
    • Wrexham
  • Boxing
    • Tyson Fury
    • Anthony Joshua
    • Oleksandr Usyk
    • Mike Tyson
    • Jake Paul
    • Logan Paul
  • UFC
    • Dana White
    • Conor McGregor
    • Khabib Nurmagomedov
    • Jon Jones
    • Paddy Pimblett
    • Joe Rogan
  • Other Sport
    • Athletics
    • Formula 1
    • MMA
    • Motorsport
    • NBA
    • Darts
    • NFL
    • Snooker
    • Wrestling
    • Tennis
    • Cricket
    • Golf
  • Advertise
  • Terms
  • Privacy & Cookies
  • LADbible Group
  • LADbible
  • UNILAD
  • GAMINGbible
  • Tyla
  • UNILAD Tech
  • FOODbible
  • License Our Content
  • About Us & Contact
  • Jobs
  • Latest
  • Topics A-Z
  • Authors
Facebook
Instagram
X
Threads
Snapchat
TikTok
YouTube
Arsenal 'among clubs lobbying the PL to block takeovers linked to nation-states' amid Qatar's Man Utd bid

Home> Football

Updated 10:54 10 Apr 2023 GMT+1Published 10:19 10 Apr 2023 GMT+1

Arsenal 'among clubs lobbying the PL to block takeovers linked to nation-states' amid Qatar's Man Utd bid

There are growing concerns over state ownership of clubs in the Premier League.

Ryan Smart

Ryan Smart

Arsenal are among a number of Premier League clubs lobbying to block takeovers 'closely linked to nation-states', according to a new report, amid the ongoing Manchester United takeover process.

The report comes amid growing developments in United's search for strategic alternatives, with a number of parties having launched bids for a full, majority or minority stake in the club.

One of the bids is from Qatari businessman Sheikh Jassim, who chairs the Qatar Islamic Bank (QIB). Its largest shareholder is the Qatar Investment Authority (QIA), whose subsidiary, Qatar Sports Investments (QSI), owns Paris Saint-Germain.

Advert

However, Sheikh Jassim has offered for United as a private investor through his Nine Two Foundation, and sources told The Telegraph that he is "100 per cent convinced" that the bid will comply with UEFA rules on multi-club ownership.

Elsewhere, The Athletic's Dan Sheldon reports that there are 'growing concerns over the impact of perceived state ownership on the competitive balance of the league and European football'.

Arsenal 'lobbying Premier League'

According to the report, there is 'a sentiment building among senior figures at a number of top flight sides' over perceived state ownership'. Arsenal vice-chairman Tim Lewis (pictured above) is said to be one of those figures.

Furthermore, it is claimed that 10 clubs and representatives from the Premier League are exploring the current set of rules around ownership.

Advert

However, the report adds that there is an acceptance that perceived state ownership 'will be tough to prevent'.

Manchester City are owned by Abu Dhabi United Group, an investment company for the Abu Dhabi royal family.

Saudi Arabia's Public Investment Fund (PIF), meanwhile, holds an 80 per cent stake in Newcastle, with the Premier League claiming it had received, prior to the takeover, 'legally binding assurances' that the Kingdom of Saudi Arabia would not control the club.

The Athletic's report also quotes documents from a court case involving the Saudi-backed LIV Golf tour and the PGA Tour, which took place last week. Court documents described the PIF as a 'sovereign instrumentality of the Kingdom of Saudi Arabia'.

Advert

As part of the PGA Tour lawsuit, Forbes reported that a court approved a request to include Yasir Al-Rumayyan, who is Newcastle chairman, and PIF as defendants for LIV.

Al-Rumayyan himself may have to testify in court as part of the lawsuit, according to Chronicle Live, which is taking place in the United States.

Featured Image Credit: Alamy / PA & Arsenal

Topics: Manchester United, Premier League, Arsenal, Football

Ryan Smart
Ryan Smart

Live in constant hope of the top flight as a Preston North End fan. Written in the past for SPORF, GiveMeSport and more.

Advert

Advert

Advert

  • QUIZ: Can you name the footballer by their childhood picture?
  • Fabrizio Romano drops huge update on the 'next Erling Haaland' amid Man Utd and Arsenal links
  • Man Utd boss Erik ten Hag branded 'jealous' after his injury swipe at Arsenal
  • UEFA urged to block Qatar's Man Utd takeover bid as PSG 'concerns' revealed

Choose your content:

9 mins ago
27 mins ago
an hour ago
16 hours ago
  • 9 mins ago

    Real Madrid target three world-class signings to make Xabi Alonso's side 'unbeatable'

    Real Madrid have set their sights on three of the biggest names in world football to help bolster Xabi Alonso's squad.

    Football
  • 27 mins ago

    Spanish media react after Marcus Rashford is subbed off at half-time in Barcelona comeback

    Hansi Flick has also explained his decision to substitute Rashford at half-time.

    Football
  • an hour ago

    Arsenal agree 'record' transfer hours after Leeds win with 'sensation' set to join

    The Gunners' business in the transfer window is not yet over despite completing a statement deal for Eberechi Eze.

    Football
  • 16 hours ago

    Viktor Gyokeres speaks out on new celebration as Arsenal fans notice what he did after penalty

    Viktor Gyokeres unveiled a new celebration after converting a penalty against Leeds United.

    Football