Confirmed: Eastern United bid rejected

Published Add your comment

Football News

Manchester United are not subject of a takeover bid, according to the president of Qatar.

Reports had emerged that the Qatar Investment Authority were ready to bid £1.6 billion for the club after they were recently placed on the Singapore Stock Exchange.

However, these have since been rubbished by Sheikh Hamad bin Jassim bin Jaber Al Thani, who was quick to reject reports that he'd been in London to discuss a deal for United.


"That's not true," said Sheikh Hamad.

"We announced a few weeks ago that we did not negotiate that. A lot of people talk about 'Qatar now will buy this, they will pay that.' This also makes the price good for anything that will be sold."

Reports suggest that the United owners, the Glazer family, are trying to sell off as much as 25% of the club to eventually assist in paying off the club's substantial debt.

United spent in excess of £50 million this summer on Ashley Young, Phil Jones and David De Gea to bolster their squad ahead of the new season.

Do YOU want to write for GiveMeSport? Get started today by signing-up and submitting an article HERE:

Phil Jones
Premier League
Manchester United
Ashley Young

Article Comments

Read more

Report author of article

Please let us know if you believe this article is in violation of our editorial policy, please only report articles for one of the following reasons.

Report author


This article has been written by a member of the GiveMeSport Writing Academy and does not represent the views of or SportsNewMedia. The views and opinions expressed are solely that of the author credited at the top of this article. and SportsNewMedia do not take any responsibility for the content of its contributors.

Want more content like this?

Like our GiveMeSport Facebook Page and you will get this directly to you.

Already Subscribed to Facebook, don't ask me again

Follow GiveMeSport on Twitter and you will get this directly to you.

Already Following, don't ask me again

Like our GiveMeSport Page and you will get this directly to you.

Already Subscribed to G+, don't ask me again