Manchester United deny claims that a £1.6billion bid for the club has been made

manchester united

manchester united

Manchester United have denied reports that a group of buyers from the Middle East have clubbed together a £1.6billion bid for the club.

Reports have emerged which suggested the Glazers were ready to sell the club to a Qatari group, but a club source said,

“There has been no approach and one would not be welcome because the club is not for sale.”

United aren’t the first Manchester club to find Middle Eastern interest, after Sheikh Mansour from the United Arab Emirates took over rivals City in 2008.

Uniteds opponents on Saturday have now ploughed nearly £1billion into turning the club into a leading force, and the club have some of the top players in Europe in their squad.

United, third in last weeks football rich list, were bought by the Glazers in 2005, but whilst continuing to turn a profit each year, have used the money to pay interest payments on the huge levels of debt the Glazers put on the club as part of the purchase.

The Glazers are unpopular with the fans, but manager Sir Alex Ferguson has publicly backed them several times, and claimed he has been supported in the transfer market when he’s wanted to sign players.

Manchester City, up from 20th to 11th on the latest rich list, are five points behind United, and have played a game more, and need a win at the weekend to keep their title hopes alive.

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