sportbible homepage
sportbible homepage
  • Football
  • Boxing
  • UFC
  • Home
  • Football
    • Premier League
    • Champions League
    • World Cup
    • England
    • Transfer News
    • Manchester United
    • Liverpool
    • Arsenal
    • Real Madrid
    • Barcelona
  • Formula 1
    • Red Bull
    • Ferrari
    • McLaren
    • Mercedes
    • Max Verstappen
    • Lewis Hamilton
    • Lando Norris
    • George Russell
    • Charles Leclerc
  • Boxing
  • UFC
  • More Sport
    • Tennis
    • Golf
    • NBA
    • NFL
    • Darts
    • Athletics
    • Rugby
    • Wrestling
  • Advertise
  • Terms
  • Privacy & Cookies
  • License Our Content
  • About Us & Contact
  • Jobs
  • Latest
  • Archive
  • Topics A-Z
  • Authors
Facebook
Instagram
X
Snapchat
TikTok
Threads
YouTube
Submit Your Content Here
  • LADbible
  • Tyla
  • GAMINGbible
  • LADbible Group
  • UNILAD
  • FOODbible
  • UNILAD Tech
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

google discoverFollow us on Google Discover

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.

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.

Advert

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.

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'.

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.

Recommended reads

Man Utd's 15 transfer targets to fill four key positions as at least six prepare to leaveGetty ImagesDennis Taylor interview: Why snooker legend is playing in brand-new event... and how he saved someone's lifeGettyRanking the top 10 best golfers of all time as Nicklaus v Woods GOAT debate settledGetty ImagesDavid Munyua and Peter Wachiuri interview: 'We wish for major PDC players to come and visit Kenya'Getty / Instagram/@wachiuridarts

Advert

Choose your content:

6 mins ago
an hour ago
2 hours ago
  • Getty Images
    6 mins ago

    Barcelona prepared to sacrifice five first-team players to fund summer rebuild

    Barcelona are set to sacrifice five first-team players to fund their summer recruitment drive.

    Football
  • Getty
    an hour ago

    Jose Mourinho sets record straight on Real Madrid interest as contract offer mooted

    The Portuguese has finally addressed the situation.

    Football
  • Getty
    an hour ago

    FIFA set Iran World Cup deadline after nation blocked from congress meeting

    An Iranian delegation was blocked from attending a meeting in Vancouver, Canada, earlier this week.

    Football
  • Getty Images
    2 hours ago

    BBC make World Cup staff decision 40 days before start of tournament

    The BBC made a decision with their staff ahead of the World Cup in the United States, Mexico and Canada just 40 days out from the tournament

    Football
  • 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