News Alerts
Headlines
Glazers plan on keeping Manchester United
England - 04 September, 2007
Adjust font size:
With foreign money pouring in to the English Premier League, one foreign investor refuted rumours he would sell out to another group of overseas interests.
Malcolm Glazer and his family said they will remain at Manchester United, which they took over for GBP 790 million two years ago. Investment groups from China and Dubai were said to be preparing bids as high as GBP 1 billion for a shot at taking over the club.
The China consortium went to the club to see if the Glazers would be interested in selling, but were rebuffed.
"Manchester United is not for sale. The Glazer family are not engaged in any discussion with any prospective bidder and it is not courting bidders for Manchester United," a spokesman for the family told the BBC.
Malcolm Glazer and his family said they will remain at Manchester United, which they took over for GBP 790 million two years ago. Investment groups from China and Dubai were said to be preparing bids as high as GBP 1 billion for a shot at taking over the club.
The China consortium went to the club to see if the Glazers would be interested in selling, but were rebuffed.
"Manchester United is not for sale. The Glazer family are not engaged in any discussion with any prospective bidder and it is not courting bidders for Manchester United," a spokesman for the family told the BBC.
Source: euFootball.BIZ © Copyright 2006 -
All rights reserved.
© Copyright message
The copying, republication, redistribution or web posting (including by framing or similar means) of this content is expressly prohibited without the prior written consent of euFootball.BIZ
-
Finance
Television
Sponsorship
Marketing
Technology
Competitions
Clubs
Stadia-Facilities
Legal
Administration
Events