Manchester United last night dismissed claims that the club were about to be sold to Qatar Holdings.
According to a report in today’s Daily Express the club’s owners, the Glazer family, are on the verge of selling United in a £1.6 billion deal.
Qatar Holdings, the business investment branch of the Qatar royal family, already own Harrods and have sponsored Barcelona’s strip.
But last night, United’s Director of Communications Phil Townsend, who also acts as the Glazer family’s spokesman, insisted that the club’s resolve not to sell is as strong as ever.
He said: “There has been no approach to buy Manchester United and no approach would be welcome.”
United are preparing to take on neighbours Manchester City on Saturday, who are themselves owned by a wealthy Middle Eastern backer in Abu Dhabi’s Sheikh Mansour bin Zayed Al Nahyan.
The Glazer family who bought the club in 205 for £790 million, have faced mass protests against their ownership, with fans concerned that the debt-laden structure of their ownership puts the long-term future of the club at risk.