Business Directory

Browse the Directory

Sign Up to the Directory

FC Business Twitter
FC business Linked in
FC Business facebook
FC Business Youtube

Manchester United insist club is 'not for sale'

Mon 24th Jan 2011 | Clubs Ownership

Manchester United have played down speculation that they have held talks with a Qatari consortium over a possible buyout of the club.

Reports circulating linking the Glazers and Qatar Holding – an investment group controlled by the Qatari royal family – suggest that the club is close to agreeing £1.5bn takeover of the club.

However, officials at Manchester United were quick to play down the speculation reiterating the Glazers stance that the club is not for sale.

"There has been no approach of any kind to buy the club and one wouldn't be welcome anyway because it is not for sale," a spokesman said.

The Glazers who bought the club for £800m in 2005 are said to be willing to listen to offers in the region of £2bn. Discussions are said to have foundered because of the asking price.

The Glazers ownership of the club has been beset with troubles and fans set up the Green & Gold campaign aimed at voicing their anger about their family’s ownership of the club.


A failed attempt to buy the club by a consortium called the Red Knights who were said to be offering £1bn showed the Glazers resilience to selling the club.






If you have any football business related news stories you’d like to share then please contact us – agourley@fcbusiness.co.uk or ryan@fcbusiness.co.uk




Add to: Google Google | Yahoo Yahoo | Live Live | del.icio.us del.icio | Digg Digg |

Related Articles

Chinese company 5USport buy stake in Northampton Town

Mon 26th Jun 2017 | Clubs Ownership

Northampton Town Football Club have announced a new partnership with 5USport, a Sports Development and Education Company based in Guangzhou, China. As part of this partnership and following approval...

Leyton Orient purchased by business consortium headed by Nigel Travis, a life-long fan of the club

Fri 23rd Jun 2017 | Clubs Ownership

Leyton Orient Football Club has announced that it has been purchased by a business consortium Eagle Investments 2017 Limited, headed by British-born Nigel Travis, 67, the Chairman and CEO of Dunkin'...

Massimo Cellino Leaves Leeds After Takeover

Wed 24th May 2017 | Clubs Ownership

Andrea Radrizzani has completed his takeover of Leeds United after purchasing Massimo Cellino’s 50% stake in the club. Radrizzani, who purchased 50% of the club in January, has acquired the...

EFL Approve Chinese Investment At Reading

Wed 17th May 2017 | Clubs Ownership

EFL approval granted as Chinese investors Dai Yongge and Dai Xiu Li take majority shareholding of club. Reading Football Club has confirmed Chinese brother and sister, Dai Yongge and Dai Xiu Li, have...