What The Papers Say: September 4th… 04/09/2011
9 Comments The Glazer Family have told the Singapore Stock Exchange that they will reduce Manchester United’s debt, after they applied to be listed on the market. The Reds will see a partial share flotation, with proceeds of over £600 Million targeted, which could clear the club’s debt… 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… According to fresh reports, Qatar Holdings are to up their bid in an attempt to oust The Glazer Family from Old Trafford for once and for all. It’s said that the Qataris are to bid up to £1.5 Billion for Manchester United, after an earlier offer was turned-down. The Glazers are holding out for a figure closer to £1.8 Billion… Poll: Will The Glazer Family Sell United ? 24/02/2011
Manchester United bonds have hit a record high amid speculation of a possible £1.6 Billion takeover by Qatar Holdings. The Glazer Family are still said to be looking for a higher offer for the world’s largest sporting entity, and have reportedly asked the Qatar Family to equal their valuation of £1.8 Billion for their majority stake in The Red Devils… According to the latest reports, Qatar Holdings are set to complete a £1.6 Billion takeover of the world’s biggest club. The Glazer Family are expected to finally sell Manchester United, after years of pressure to pack-up after they plunged the club into £750 Million of debt. United have denied reports, but sources within the club have said otherwise… |  
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