Man United owners have no plans to sell amid Saudi interest

first_imgThe Glazer family have no interest in selling Manchester United or even a stake in it for the near future, amid reports of a £4bn takeover bid from Saudi ArabiaThe Sunday Mirror had linked the Crown Prince Mohammad bin Salman, who is worth £850bn, with a stunning £4bn takeover of United over the weekend and suggested a formal meeting would take place in the next couple of weeks.This came after United’s share price skyrocketed over the past months that saw shares hit an all-time high on the New York Stock Exchange of $27.65 with Forbes valuing the club at around £3.2bn.This comes 13 years after the Glazer family completed their £790m takeover at Old Trafford, which left United heavily in debt afterwards.Harry Maguire, Manchester UnitedLiverpool legend Nicol slams Harry Maguire’s Man United form Andrew Smyth – September 14, 2019 Steve Nicol believes Harry Maguire has made some “horrendous mistakes” recently, and has failed to find his best form since joining Manchester United.But the Guardian reports that United owners Joel and Avram Glazer have started no discussions nor do they have any real interest in selling the club.Had the Glazer family sold their shares of the 20-time English champions then they could have left with a massive profit of £2.2bn.United already have business interests in Saudi Arabia due to their partnership with the telecommunications firm Saudi Telecom.last_img

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