English Premiership

Man Utd 'not for sale'

2011-02-25 13:40

London - Manchester United's American owners insisted the club was not for sale on Friday, following recent speculation of a mammoth offer from the Qatar Royal family.

In a statement released alongside the club's second quarter financial results, the Glazer family said they remained "fully committed" to the long-term future of the English Premier League giants.

"The board notes recent press speculation regarding a possible bid for Manchester United," said the statement.

"The owners remain fully committed to their long-term ownership of the club.

"No discussions have taken place, Manchester United is not for sale and the owners will not entertain any offers."

British media have recently reported that an investment group controlled by the Qatari royal family had held discussions with the Glazers over a possible takeover of the club.

The Sunday Times reported in January that talks broke down because the Glazers had asked too much from Qatar Holding, who were unwilling to pay more than 1.5 billion pounds (1.7 billion euros, 2.4 billion dollars).

Other reports have indicated that United's owners would be willing to sell if the price increased to 1.8 billion pounds, more than double the price the Glazers paid for the club in 2005.

A source close to the Qatar Investment Authority (QIA) earlier said that the Qatari royal family was not looking to invest in a European football club despite rumours to the contrary.

Read more on:    epl  |  manchester united
NEXT ON SPORT24X

Villa keep faith in Lambert

2014-09-17 20:02

 

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
0 comments
Add your comment
Comment 0 characters remaining
Live Video Streaming
Video Highlights
Sport Talk

 

17 photo illusions that look so real

What if they aren’t illusions? What if that dog really has a human foot – then what?

 
 

For chic geeks...

It’s THIS easy for someone to steal your ATM pin!
Check out the speed of this robo-cheetah!
New GIF keyboard on iOS for added fun!
Puppy goes crazy over iPad game
Fixtures
20 September 2014
Queens Park Rangers v Stoke City, Loftus Road Stadium 13:45
Swansea City v Southampton, Liberty Stadium 16:00
Newcastle United v Hull City, St. James' Park 16:00
Burnley v Sunderland, Turf Moor 16:00
Aston Villa v Arsenal, Villa Park 16:00
West Ham United v Liverpool, Boleyn Ground 18:30
21 September 2014
Leicester City v Manchester United, King Power Stadium 14:30
Tottenham Hotspur v West Bromwich Albion, White Hart Lane 14:30
Manchester City v Chelsea, Etihad Stadium 17:00
Everton v Crystal Palace, Goodison Park 17:00
27 September 2014
Liverpool v Everton, Anfield 13:45
Manchester United v West Ham United, Old Trafford 16:00
Crystal Palace v Leicester City, Selhurst Park 16:00
Southampton v Queens Park Rangers, St. Mary's Stadium 16:00
Sunderland v Swansea City, Stadium of Light 16:00
Chelsea v Aston Villa, Stamford Bridge 16:00
Hull City v Manchester City, The KC Stadium 16:00
Arsenal v Tottenham Hotspur, Emirates Stadium 18:30
Logs
Team P W PTS
Previous Results

Date Home Team Result Away Team
Vote

Is Louis van Gaal the right man to restore the glory days at United?

 
 
Men
Women
Love 2 Meet
English Premiership flutter

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

Featured

Dave ask if you would like to meet your local sports heroes and stand the chance to win prizes to the value of over R40 000.

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.