Manchester United owners linked with move for Al Ittihad

(Al Itthad Club/Facebook)

The Glazers have been linked with a move for Saudi Pro League club Al Ittihad, with Saudi newspaper Arriyadiyah reporting that three groups are interested in buying the Jeddah side.

The newspaper said the Manchester United owners were working with Saudi businessman Wael Jamjoom, but its November 7 report gave no figure for a potential offer from the group.

Investment firms Sidra Capital and BlueFive Capital were in front after making the highest offer, according to the report, which also named Saudi Prince Saad bin Abdullah and American investor Josh Harris as partners in a separate group.

The Glazers took control of Manchester United in 2005 and kept a majority of the voting rights after Jim Ratcliffe acquired a minority stake in 2024.

Al Ittihad are 75% owned by Saudi Arabia’s Public Investment Fund, which took the same stake in Al Hilal, Al Nassr and Al Ahli in 2023.

The fund agreed in April to sell a 70% stake in Al Hilal to Kingdom Holding Company in a deal that put the club’s enterprise value at 1.4 billion Saudi riyals ($373 million).

On the pitch, Al Ittihad sit fourth under Jens Wissing, six points behind leaders Al Hilal after winning seven of their first 11 league matches.

The 2024/25 champions signed former Liverpool midfielder Georginio Wijnaldum on deadline day after he scored 36 league goals in 96 appearances across three seasons with Al Ettifaq.

They also signed Dion Lopy from Almeria and brought in Colombia midfielder Richard Rios on loan from Benfica.

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