A Qatari royal family are said to be on their way to owning Manchester United for a mere £1.5 billion. This is peanuts for someone from a country that will host the 2022 FIFA World Cup, as long as you drive your car. Oil prices have been consistently high at about $80,00 a barrel. Over the years, oil-rich countries budget with the assumption of crude oil costing $60,00 a barrel and hence, the extra $20,00 is excess and the governments record budget excesses over over $300 billion.
The American family, the Glazers stand to have a 100%, as opposed to the Hicks loss at Liverpool, since they paid £790 million five and a half years ago. With rumour of £252 million debt having been 'paid by Qatar Holdings' owned by Sheikh Hamad bin Khalifa Al Thani, it seems the issue is beyond a point of return.
Will it benefit United to go east, or will it be a death knell to the already mediocre team?
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