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UEFA 'Make Decision' On Proposed Man Utd Takeover Ban

UEFA 'Make Decision' On Proposed Man Utd Takeover Ban

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With Manchester United having recently been put up for sale, UEFA have reportedly taken a decision regarding a possible ban for one of the takeover bids.

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According to UEFA's rules, no two clubs competing in the same interclub competitions are allowed to be owned by the same individual or entity.

The Red Devils have been put up for auction by the Glazer family as the Americans look to end their tenure in charge of the record Premier League champions, and one of the parties reportedly interested in buying the club is a Qatar-based consortium.

The gulf nation's Qatari Sports Investment group already owns Paris Saint-Germain but, according to the Daily Mail, the bid for United will come from a separate entity, which is likely to satisfy UEFA officials.

UEFA sources are said to have revealed that there is not going to be any issue pertaining to the Qatari-backed bid, which is being constructed ahead of the Friday deadline imposed by investment bank Raine, who are overseeing the sale for the Mancunians.

The UEFA rule against multi-club ownership states that "no individual or legal entity may have control or influence over more than one club participating in a UEFA club competition".

There was thus a threat that the proposed takeover may have been banned by European football's governing body, but it is suggested that PSG president and Qatari national Nasser Al-Khelaifi's close ties with UEFA president Aleksander Ceferin may have helped in this regard.

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PSG were one of the clubs that refused to join the breakaway European Super League last year and with its threat still pertinent, the Slovenian executive's relationship with Al-Khelaifi remains strong.

The Qatari national is also chairman of the European Club Association and the beIN Media Group, who own the rights to broadcast UEFA competitions in several countries across the world.

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