The Glazer Family have again stated they are 'fully committed' to the running of Manchester United, denying any talks over a possible £1.5 Billion takeover ever happened with proposed bidders 'Qatar Holdings'. The highly unpopular American owners released reasonably good figures to go with their statement of intent, but fans remain unhappy with the current situation... 

The Glazer Family bought the world's most popular sports team in 2005 for close to £800 Million and stand to make a large windfall if they are to sell for a rumoured £1.5 Billion. However, recent reports suggest they are in search of bidders with a higher price, close to £2 Billion. Nevertheless, on Friday they released a statement saying United is not for sale, and that no offers for the club have been entertained. 
 
"The board notes recent press speculation regarding a possible bid for Manchester United. 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." The Glazers said in their press release.
 
In their second quarter financial results, the club's debt has fallen from £512.5 Million to £489.4 Million compared to 1 year previous. The figures show a 30.2% increase in commercial revenue, and despite news of a fall in shirt sales, commercial turnover has grown from £144.7 Million to £156.5 Million. Meanwhile, operating costs show a slight increase, of £9.9 Million, now standing at a total of £95.9million.

But most importantly, Sir Alex Ferguson has £134.5 Million available to him in the bank !

• Poll: Will The Glazer Family Sell United ?