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Old 01-23-2011   #193
Abruzzy
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Premier League - United deny £1.5bn sale report



Premier League leaders Manchester United said they were not for sale after the Sunday Times reported that Qatar Holding had held talks about a £1.5 billion takeover.
"There has been no approach of any kind to buy the club and one wouldn't be welcome anyway because it is not for sale," a spokesman said, adding that the newspaper story was wrong.
The Sunday Times reported that the Glazer family, the unpopular American owners of the Premier League club, had held talks with a group, believed to be Qatar Holding - the investment group controlled by the Qatari royal family.
The report said the talks had floundered because the Glazers valued the Old Trafford club at closer to £2bn.
The Glazers bought Manchester United, one of the most famous clubs in the world, in 2005 for some £790 million against a wave of protest from fans who anticipated they would load it up with debt.
No one from Qatar Holding was immediately available to comment.

Reuters
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