• 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
Man Utd sale: Newcastle co-owner responds to Saudi bid speculation as Liverpool claim made

Home> Football

Updated 16:52 2 Mar 2023 GMTPublished 16:49 2 Mar 2023 GMT

Man Utd sale: Newcastle co-owner responds to Saudi bid speculation as Liverpool claim made

Newcastle co-owner Amanda Staveley has responded to Manchester United speculation.

Ryan Smart

Ryan Smart

Newcastle co-owner Amanda Staveley gave a clear answer when asked whether the club's investors could launch a bid for Manchester United - and has made a claim about Liverpool.

Two bidders made public offers to buy United before the soft deadline set by the Glazer family last month, with Qatar Islamic Bank chairman Sheikh Jassim launching a bid through his foundation. Sir Jim Ratcliffe and Ineos also submitted an offer.

Further proposals have arrived via hedge fund firms Elliott and Genevra Capital, with the latter interested in taking a minority stake in the club.

Advert

There were rumours that Saudi investors may launch a bid for United - although the Daily Mail's Mike Keegan confirmed that no such bid had been made before the deadline.

That came following comments from the state's sports minister, who stated that the Saudi government would be prepared to back a private sector bid for United or Liverpool.

Speaking to BBC Sport during the World Cup, he said: "We will definitely support it if any [Saudi] private sector comes in, because we know that's going to reflect positively on sports within the kingdom.

Advert

"But if there's an investor willing to do so and the numbers add up, why not?"

Saudi investors will now not be taking over Liverpool, with the Reds' principal owner, John W Henry, confirming to the Boston Globe (via Liverpool Echo) that the club would not be sold.

Newcastle co-owner responds to Man Utd speculation

During a Financial Times' Business of Football Submit, Staveley was asked about whether Newcastle's investors, the Saudi Arabia Public Investment Fund, would consider buying a Premier League rival.

Advert

She replied (quotes via Chronicle Live): "We didn't go for the wonderful Tottenham, Chelsea or Liverpool because why spend billions?"

When asked specifically about speculation that the club could buy United, she answered: "No, I don't think so."

A successful bid for United by Saudi's PIF would almost certainly mean they would need to sell their stake in Newcastle, as a single entity cannot own more than one club in the same country. They own 80 per cent of the club after their successful takeover in 2021.

If both clubs were to qualify for the Champions League, meanwhile, they also would not be able to play in that competition as per UEFA regulations.

Advert

Meanwhile, a takeover of United may not happen at all, with Sky Sports News indicating that, as per sources, Avram and Joel Glazer are 'reluctant' to part with the club.

Featured Image Credit: Alamy

Topics: Newcastle United, Manchester United, Liverpool, Tottenham Hotspur, Saudi Arabia, Premier League

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

Choose your content:

7 hours ago
12 hours ago
13 hours ago
  • 7 hours ago

    Real Madrid have special gift planned for Trent Alexander-Arnold if they win Club World Cup

    The former Liverpool right-back has played four times for Xabi Alonso's side at the Club World Cup.

    Football
  • 12 hours ago

    Five Man Utd players 'tell club they want to leave' and won't report for pre-season with rest of squad

    Manchester United have delayed their return date until later in July to allow them to secure a transfer away from Old Trafford.

    Football
  • 13 hours ago

    Former Arsenal footballer Thomas Partey charged with rape as Met Police issue statement

    Partey has been charged with five counts of rape and one count of sexual assault.

    Football
  • 13 hours ago

    Zenit Saint Petersburg ask for their money back after Nico Williams signs new contract with Athletic Bilbao

    Williams has committed his future to Bilbao after snubbing a move to Barcelona.

    Football
  • Man Utd planning 'shock' bid for England star after he's spotted on holiday with current United player
  • Alexander Isak 'cut price tag' revealed as Liverpool deal with Newcastle 'in play'
  • Amanda Staveley speaks out on her shock Newcastle exit and living with rare degenerative brain disease
  • Liverpool were close to signing current Premier League star before journalist 'accidentally stopped' the deal from happening