The Financial Battles Of Manchester!

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Manchester United has been owned by the Glazers since 2005 when the Red Devils were purchased for £790 million. In these 17 years, the United faithful have been treated to countless trophies, domestic and European, but in recent years. Recently, fans have been visually frustrated with the style of ownership with the brothers dedicating the majority of the profits to themselves and investing little back into the club. Lack of major signings, minimal transfer budgets, and poor management have ultimately led to the Glazers being open to potential bids. Two runners are currently looking to become the new owners, Sir Jim Ratcliff and The emir of Qatar are open to bidding. The Glazers are looking for around £6 billion.

On the blue side of Manchester, the Citizens have now been charged by the league, for over 100 breaches of the financial fair play regulations. Sheikh Mansour took over Manchester City in 2008, and since then, Manchester City's net transfer spending amounts to an eye-watering €1.44 billion. If City were to be found guilty, their punishment could range from a hefty, hefty fine, and title stripping to even being expelled from the league.

On the latest episode of the International News Desk, Manchester United is up for sale, Manchester City could be punished, Ronaldo is setting the Saudi League alight and Lionel Messi causes a stir in Paris
10 Feb 2023 English South Africa Sports · Sports

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