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Man U: Owners will not entertain offers for club

Man U: Owners will not entertain offers for club

Manchester United's board has announced that its owners will not listen to any offers for the club.
In a statement as the club released its latest financial results on Friday, the board said that "United is not for sale and the owners will not entertain any offers."
The Glazer family owners recently rejected a 1.5 billion-pound bid ($2.2 billion) from a Qatari group.
The announcement comes as a group of financiers, calling themselves the Red Knights, try to form a bid to buyout the Glazers, who have enraged United fans since their 2005 leveraged takeover of the English Premier League club.
United has around 700 million pounds ($1 billion) of debt.


Updated : 2021-01-18 04:15 GMT+08:00