According to a senior source within Qatar Holdings, a takeover of Manchester United is not on the agenda. Despite speculation in the media that the Royal Family of Qatar are on the verge on launching a bid for the world’s biggest club, the purported buy-out now appears as if it had never any substance to it…
The press sparked intense vigilance surrounding owners The Glazer Family, after it was reported that Qatar Holdings – an investment branch of the Qatar Investment Authority – was to bid £1.5 Billion in an attempt to purchase United. However, nothing has since materialised and it appears as though any takeover is dead in the water.
The Red Knights, a consortium of wealthy Red Devils, are waiting for The Glazers to lower their asking price. However, the American owners seem determined not to sell the world’s most valuable sports club. World Football Insider has stated that a senior executive of Qatar Holdings is adamant that no bid for the club will arrive from the Arabs.
“From my side, as far as my own involvement is concerned, I have not heard anything,” said the Qatari executive. “None of the people I’ve spoken to know anything about it. That’s as far as I’m aware. I don’t know if there’s anything going on the other side, but I don’t think there’s any truth to it…”