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United: Club is not for sale

Manchester United have delivered a robust statement to ESPNsoccernet that the Glazers are not in talks with the Qatar royal family over the sale of the club and are intent on continuing their ownership of the club.

Qatar Holding, the investment arm of the Qatar Investment Authority, also denied on Wednesday it has bid, or even had discussions, to buy the club, albeit through an unnamed source in a briefing to international news agency Reuters.

In response, a Manchester United source told ESPNsoccernet: "We are aware of the report, which merely underlines what we have been saying about the club for months - that it is not for sale.

"Let us make it perfectly clear; there have not been any talks, there have not been any approaches, and any approaches would not be welcome. Again, all we can say is that this club is not for sale."

United feel that the U-turn on recent speculation vindicates their stance - and in some quarters comes as quite a relief - with the club's official comments now backed up.

Sources indicate that even if the Glazers were indeed looking for £1.6 billion before they would even consider opening talks, that price would be far too high.

United's high-yield bonds rose to near record highs due to the intense speculation of an inflated deal.

The statement from Qatar Holding earlier on Wednesday stated: "Qatar Holding is not and has never been in discussions to buy Manchester United Football Club. There is no truth to the rumours."

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