Sheikh Tamim bin Hamad al-Thani wants to buy Manchester United for £4.5 billion, reports the Guardian.
The Emir of Qatar bought Paris Saint-Germain through Qatar Sports Investment in 2011.
The Glazers want £6bn for the club, but Sheikh Tamim believes the price is too steep.
Both parties are expected to negotiate a final fee, but UEFA rules could be a stumbling block.
Clubs with the same owners are not allowed to play against each other in any of the continental competitions.
However, the Qataris are hoping a solution can be found. They could look to convince UEFA to make changes to the rule.
The Emir could also face opposition from human rights body Amnesty International.
They believe the Premier League needs to reform its ownership rules after Saudi Arabia took over Newcastle United in October 2021.
Amnesty International insists that a Qatari bid for the Red Devils would be another wake-up call for the English top flight.
Man United saw their shares increase by 14% in early trading in New York today due to the Qatar links.
Such a reaction is expected, but it is unlikely to have a say on the club’s value.
However, a sustained period of success on the pitch will see Man United’s value skyrocket.
Some members of the Glazers family reportedly want to wait a little longer before selling the club.
Manager Erik ten Hag has led the side to the Carabao Cup final after an impressive run of form.
They face Newcastle United on February 26 and could win their first trophy since 2017.
The owners will want more than £4.5bn after Chelsea was sold to Todd Boehly for £4.25bn in May 2022.
The Emir of Qatar could be keen to pay more for Man United, but it remains to be seen whether UEFA will change their regulations.
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