Saudi royal Prince Saud Mishal responded to Turki Alalshikh’s cryptic post hinting at new investment in Manchester United. Alalshikh claimed a deal was in advanced stages, sparking fan excitement.
Saudi royal Prince Saud Mishal responded to Turki Alalshikh’s cryptic post hinting at new investment in Manchester United. Alalshikh claimed a deal was in advanced stages, sparking fan excitement. Mishal, chairman of the Saudi Arabian Cricket Federation, replied with a prayer emoji. Sir Jim Ratcliffe, who owns 25% of United, defended his tenure amid takeover speculation.
When the news of a potential new investor for Manchester United emerged, it sparked excitement among fans and speculation across social media. Turki Alalshikh, chairman of Saudi Arabia’s General Entertainment Authority, hinted at an “advanced stage” deal for United, though he did not provide details. His post quickly caught attention, including a response from Prince Saud Mishal, a member of the Saudi royal family and CEO of Al-Manahil Holding, who replied with a prayer hand emoji.
Mishal also serves as chairman of the Saudi Arabian Cricket Federation and is involved in retail, entertainment, and lifestyle investments as part of the country’s Vision 2030 plan. Currently, Sir Jim Ratcliffe owns a 25% stake in Manchester United after completing the deal in December 2023, with operations beginning in February 2024 alongside INEOS. The Glazers remain majority owners, and Ratcliffe’s tenure has faced criticism due to cost-cutting measures and a lack of on-field success.
Despite these challenges, Ratcliffe defended his stewardship, citing record revenues and high profitability, and expressed confidence that United could become the most profitable club globally while maintaining sustainable football performance. Alalshikh’s post, though cryptic, has fueled speculation about Saudi investment potentially reshaping the club’s future.
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