The Qatari Royal family, Al Thani bidding to buy Manchester United is worth over $335 Billion fortune.
After hosting arguably the best World Cup in history, Qatar Royal family, the Al Thani family are looking to own a football club and have shown their interest in Manchester United which is currently for sell.
The Glazers, the current owners of Manchester United robust pressure from fans to let go of the club for several years, after various cases of mismanagement and poor investment. Subsequently, the Glazers announced the club being up for sale and immediately attracted lots of bids from across the world.
The latest and most mouthwatering of them all is the Qatari Royal family, Al Thani who just signified their interest in acquiring the club.
Source of $335 Billion fortune
Qatar, ruled by Emir Sheikh Tamim bin Hamad Al Thani, is regarded as one of the richest dynasties still in existence. According to a report from the South China Morning Post, the family, which has about 8,000 members, has a total net worth of about $335 billion from sources other than its abundant natural resources. These sources include investments in buildings like London’s Shard skyscraper, the Olympic Village, Harrods department store, and New York’s Empire State Building, as well as stakes in the banks Barclays and British Airways and the carmaker Volkswagen.
Properties owned by the Qatar Royal family
The Floating Palace
One of the most costly and substantial mega-yachts in the world, The Katara, is supposedly owned by The Emir and it’s called the Floating Palces.
The yatch is 124 meters long, includes a helicopter pad, and numerous decks that can hold up to 35 guests and 90 crew members.
A Private Airline
The Qatari royal family also controls the skies. It established Qatar Amiri Flight in 1977 as an exclusive airline that only transports members of the nation’s royal family and senior government officials.
The airline presently operates 14 aircraft, including three Boeing jumbo 747-8s, the most expensive commercial jets in existence and costing more than US$400 million each, according to Plane Spotters.
Super Cars
Members of the Royal family have been photographed with posh models from the most expensive automakers. According to reports, the Emir owns a collection that includes multiple Bugattis, including the Divo, Veyron, and Chiron; a LaFerrari Aperta and coupe red; a Lamborghini Centenario white coupe and Centenario Roadster; a Mercedes AMG 6×6; and a Rolls-Royce Phantom.
Billion-Dollar Artworks
The royal family also enjoys arts. They have spent billions of dollars over the years acquiring thousands of paintings and memorabilia. Some of them cost tens of millions of dollars, including the $72.8 million painting White Center by Mark Rothko or the $63.4 million piece Men in Her Life by Andy Warhol.
The Royal family reportedly paid $250 million for Cézanne’s The Card Players in 2011, making it the most expensive painting ever sold at the time. After Leonardo da Vinci’s Salvator Mundi ($450 million in 2017) and Willem de Kooning’s Interchange ($300 million in 2015), it is still the third most expensive painting.
Love for football
The Royal family have shown football is their favourite sport though they enjoy other sports. Individually, menbers of the Royal family own big football clubs across Europe. The family maximise it’s influence and hosted many international championships, including 2006 Asian Games, the 2015 AIBA World Boxing Championship, and most recent 2022 Fifa World Cup.
The Emir founded Qatar Sport Investment (QSI) in 2004. He went on to acquire Paris Saint-Germain in 2011. The Emir also owns 21.7% shares in one of the top team in Portugal, SC Braga.
In 2010, Sheikh Abdullah Bin Nasser Al-Thani purchased the Spanish club Málaga, and Khalid Faleh Al Thani is apparently prepared to make a big investment in the Italian Serie A team Sampdoria.
Qatar Royal Family and Manchester United
Unlike other clubs been owned by individual members of the Qatar Royal family, Manchester United will be a family investment, with every member of the family being part of it.
According to Daily Mail tagging the family as Qatari investors, reported that the family are planning to make a mega swoop for Manchester United and are ready to finance Erik ten Hag to lead the team back to the top.
The family are ready to make their bid before the deadline date set by the Glazers and are sure their bid will push other potential buyers away.
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Glazers have reported they won’t let go of the club for anything less than £6 billion.
