The news that Qatar is set to take over Manchester United has been met with a huge boost for the club, with FIFA refusing to ban nation states from owning clubs in English football.
The news comes after a long period of speculation surrounding the potential takeover of the club by Qatar Sports Investment (QSI). The Qatari-backed group had been linked with a move for the club since the summer of 2018, but the deal had been held up by the Premier League’s Owners’ and Directors’ Test.
However, the news that FIFA has refused to ban nation states from owning clubs in English football has opened the door for the takeover to go ahead. The decision was made after a meeting of the FIFA Council, which is made up of representatives from all of the world’s major footballing nations.
The decision is a huge boost for Manchester United, who have been struggling in recent years. The club has failed to qualify for the Champions League in the past two seasons, and has seen its share price drop significantly in recent months.
The takeover by QSI is expected to bring a huge injection of funds into the club, which could help to turn around its fortunes. The group is expected to invest heavily in the squad, with the aim of returning the club to the top of the Premier League.
The news has also been welcomed by fans of the club, who have been calling for a change of ownership for some time. The takeover is expected to bring a new era of success to the club, and could help to restore the club to its former glory.
The decision by FIFA to allow nation states to own clubs in English football is a huge boost for Manchester United, and could be the start of a new era of success for the club. With the injection of funds from QSI, the club could soon be back at the top of the Premier League, and competing for major honours once again.