Sunday, 23 January 2011

‘United are not for sale’

(23-01-2011) Manchester United have insisted the club is not for sale after denying they were holding talks with a potential interested party. Sunday reports claimed the Red Devils were in talks over a possible £1.5billion deal to sell the club to Qatar Holding, the company who bought the famous British department store Harrods last year. The reports claimed United's current owners, the American Glazer Family, had opened talks with the group but the deal failed to materialise as they were seeking £2billion. United however have denied the reports, again insisting club is not for sale. "There has been no approach of any kind to buy the club and one wouldn't be welcome anyway because it is not for sale," a spokesperson insisted. The Glazer Family bought United in 2005 for £790million.