'No Truth' To Qatar Takeover Bid For Manchester United - United Latest

‘No Truth’ To Qatar Takeover Bid For Manchester United 19/01/2011

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…”

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Comments

Paul

Wed, 19 Jan 2011 10:07:17 pm

Qatar Royal Family will say anything as the glazers wont sell up for a few more years

RedScot

Wed, 19 Jan 2011 10:12:32 pm

This is getting tedious lets be crystal clear, this story broke on the weekend when there was literally zero football to report in the newspapers.The whole league programme was literally frozen.
Step in the “Sunday Mirror” that paragon of financial ability.Well they must maintain sales so make up a story about the biggest football club in the world and its detestable owners and their financial plight.
It was always nonesense and could not be substantiated. It was never reported at anytime or anywhere that would take an active interest in this purchase.
I am quite sure if there was a serious thread to this to follow up as an example Scott The Red on ROM or ED Barker on United Rant as an example would have been on it like a Dog with a Bone.

Karthik

Thu, 20 Jan 2011 5:00:57 am

Hav Chelsea signed Alexis Sanchez ?? According 2 recent developments it seems Carlo is on the verge of landing him !!!

Jay

Thu, 20 Jan 2011 9:44:05 am

No udinese have said they will not sell till the summer

Manchester is Red.

Thu, 20 Jan 2011 12:20:24 pm

We’re the Indomitables, we’re far better then the invincibles.

Arsenal were unbeaten in a tough league where alot went they way, credit to them for that and the gunners were a great, powerful side back then.

United are unbeaten in a much harder league then back then, Arsenal only delt with one cheat (chelsea), we have to deal with 3(chelsea, city, spurs), the league today is much harder and the fact we got pass half way unbeaten is equal to arsenal going the whole season.

No much has troubles us yet this season, the main reason we ain’t running away with it, is because we have let wins slip/ bad decisions gone against us…but fact is, we wouldn’t, can’t be beat, that is our strenght, that is our power.

We are the indomitables, and when all is said and done, we will be champions of the world….again.

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