Saudi Prince denies United takeover bid




Saudi crown Prince

Crown Prince Mohammed Bin Salman’s media minister has denied reports linking him with a £3.8bn takeover of .

Rumours of his interest resurfaced over the weekend, although reports suggest the Glazers are not looking to sell.

United’s American owners bought the club for £790m in May 2005.

“Reports claiming that HRH the Crown Prince Mohammed Bin Salman intends on buying are completely false,” said Turki al-Shabanah.

held a meeting with PIF [​Public Fund] Saudi to discuss a sponsorship opportunity. No deal has materialised.”

Prince bin Salman, 33, was appointed Crown Prince of in June 2017.

has been condemned for its human rights record and has faced scrutiny over the death of journalist Jamal Khashoggi at a Saudi embassy last year.

In October, Manchester United pulled out of an forum in Saudi Arabia amid the fallout from Khashoggi’s death.

The Old Trafford club posted a record of £208.6m for the second quarter of 2018 and earnings before interest, taxes, depreciation, and amortization of £104.3m.

However, reports suggest the Glazers’ takeover almost 14 years ago has come at a cost of more than £1billion to the club.

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