Manchester United: Saudi Prince Mohammed Bin Salman denies takeover bid

Reports linking Prince Mohammed Bin Salman on the origin surfaced in October

Saudi Arabia Crown Prince Mohammed Bin Salman’s media minister has denied reviews linking him with a £3.8bn takeover of Manchester United.

Rumours of his ardour resurfaced over the weekend, even despite the truth that reviews recommend the Glazers are now now not taking a mediate about to promote.

United’s American homeowners sold the membership for £790m in Can even 2005.

“Reports claiming that HRH the Crown Prince Mohammed Bin Salman intends on procuring for Manchester United are completely false,” acknowledged Turki al-Shabanah.

“Manchester United held a meeting with PIF [​Public Investment Fund] Saudi to discuss a sponsorship alternative. No deal has materialised.”

Prince bin Salman, 33, turned into as soon as appointed Crown Prince of Saudi Arabia in June 2017.

Saudi Arabia has been condemned for its human rights file and has faced scrutiny over the ***** of journalist Jamal Khashoggi at a Saudi embassy closing three hundred and sixty five days.

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

The Light Trafford membership posted a file income of £208.6m for the 2d quarter of 2018 and earnings sooner than ardour, taxes, depreciation, and amortization of £104.3m.

On the opposite hand, reviews recommend the Glazers’ takeover almost 14 years within the past has advance at a mark of additional than £1billion to the membership.

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