Monday, December 20, 2010

Manchester United is not for sale at any price - Glazers

The Glazers have moved to quell the speculation concerning a potential sale of the Manchester United, by declaring that the club is not for sale at any price. There had previously been reports that Qatari Holdings were looking into the possibility of making a £1.5 billion move to takeover the club, with reports pointing towards manager Sir Alex Ferguson being given a mammoth war-chest for transfers.


It had been thought that the current owners may make a profit from the potential sale and walk away, but according to the Daily Star, a spokesman for the Glazers said: "There has been no bid for the club. Any such bid would be irrelevant anyway because the club is not for sale."The Glazers took over United five years ago, for a sum believed to be in the region of £790 million.

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