English Premiership

Glazer: United not for sale

2010-05-28 14:30
Malcolm Glazer (File)

London - 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 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 Premiership club.

United has around 700 million pounds of debt.

NEXT ON SPORT24X

 

Read News24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
1 comment
Add your comment
Comment 0 characters remaining
Live Video Streaming
Video Highlights
Sport Talk

 

3 must-do trail runs

If you love trail running, you have to put these on your bucket list.

 
 

Where were you when you last felt alive?

Climbing the world’s largest stone arch
Awesome extreme sports people
Watch: 2015 Absa Cape Epic route
Watch: Insane road bike skills!
Fixtures
25 October 2014
West Ham United v Manchester City, Boleyn Ground 13:45
Liverpool v Hull City, Anfield 16:00
Southampton v Stoke City, St. Mary's Stadium 16:00
Sunderland v Arsenal, Stadium of Light 16:00
West Bromwich Albion v Crystal Palace, The Hawthorns 16:00
Swansea City v Leicester City, Liberty Stadium 18:30
26 October 2014
Burnley v Everton, Turf Moor 15:30
Tottenham Hotspur v Newcastle United, White Hart Lane 15:30
Manchester United v Chelsea, Old Trafford 18:00
27 October 2014
Queens Park Rangers v Aston Villa, Loftus Road Stadium 22:00
Logs
Team P W PTS
Previous Results

Date Home Team Result Away Team
Vote

How long will Mario Balotelli last at Liverpool?

 
 
Men
Women
Love 2 Meet
English Premiership flutter

Take Sport24's "expert" tips at your peril...

Featured

Got something you'd like to get off your chest? Got a burning desire to air an opinion? If so, be sure to sign-up on Sport24's FORUM!

Latest blogs
 

Twitter Follow Sport24 on Twitter

Facebook "Like" Sport24's Facebook page

Newsletters Sign up for the Morning Glory, Super 15 and Soccer newsletters

WIN Enter and win with Sport24!

Mobile Sport24 on your mobile phone - WAP, alerts, downloads, services

Forum Have your Say on Sport24's brand new Forum!

BlackBerry Stay in the loop on your BlackBerry

iPhone Latest Sport24 news on your iPhone

RSS Feeds Sport news delivered really simply.

Blogs Yes your opinion counts. Get it out there

 
There are new stories on the homepage. Click here to see them.