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Saudi Prince Salman denies Manchester United takeover bid

Other News Materials 19 February 2019 01:35 (UTC +04:00)
The media minister of Saudi Arabian Crown Prince Mohammed Bin Salman has denied reports that the monarch is planning a takeover of Manchester United football club
Saudi Prince Salman denies Manchester United takeover bid

The media minister of Saudi Arabian Crown Prince Mohammed Bin Salman has denied reports that the monarch is planning a takeover of Manchester United football club, Trend reported citing Sputnik.

Rumours circulated over the weekend that Prince Salman was looking to buy the English team for a whopping £3.8 billion, however it appears that, for now at least, those rumours have been put to bed.

"Reports claiming that HRH the Crown Prince Mohammed Bin Salman intends on buying Manchester United are completely false," Turki al-Shabanah declared on Twitter.

"Manchester United held a meeting with PIF [ Public Investment Fund] Saudi to discuss a sponsorship opportunity. No deal has materialised," he reportedly added.

If true, the sale would have absolutely dwarfed the amount United were purchased for by their current American owners, who paid £790 million in May 2005.

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