The Glazer family have released a statement insisting that Manchester United are not for sale, amid continued speculation linking the Red Knights fans’ group with a takeover.
Manchester United fans continue to protest against the Glazers’ ownership of the club
The Glazers have come under increased pressure over the last few months as fans’ group the Red Knights have attempted to engineer a takeover bid for the club.
But according, the Glazers have again reiterated their stance that they will not entertain any bids for the club.
“The Board notes recent press speculation regarding a possible bid for Manchester United,” the statement said. “The owners remain fully committed to their long-term ownership of the club. Manchester United is not for sale and the owners will not entertain any offers.”
But the Old Trafford outfit says the Glazers “remain fully committed to their long-term ownership of the club”.
It came as the club announced a cut in debt from £543.3m a year ago to £520.9m for the January to March period.
In Man Utd’s quarterly financial results, the figures also showed net assets of £794.9m and a cash balance of £95.9m.
The Old Trafford club said that in the nine months to March, year-on-year revenues were up 13.5% from £193.3m to £219.3m.