Source: REUTERS/Gonzalo Fuentes
[Saba Sports News] According to the latest reports from French media, Premier League Manchester United shareholder James Ratcliffe intends to sell Ligue 1 team Nice. The main reason is that under UEFA’s “Multi-Club Ownership Rules,” there is a potential conflict of interest in European qualification between the two clubs, and Ratcliffe has to make a choice to ensure the stability of Manchester United’s prospects in European competitions. It is reported that Ineos acquired 100% of Nice’s shares for 100 million euros in 2019, with cumulative investment exceeding 200 million euros. The current asking price is 250 million euros. Although the profit on paper may be limited if sold at this price, it will help ease Manchester United’s financial pressure. In my opinion, the uncertainty of Ligue 1 broadcasting agreements may affect the market value of Nice, which might impact the offers from potential buyers, resulting in an actual selling price lower than expected. Finding suitable buyers could face challenges, and the current state of Ligue 1 and the situation of Nice may make some investors hesitate. If the sale process drags on, it may also raise questions about its business operation capabilities and potentially miss key opportunities for Manchester United’s development.