Glazer Family Claim Manchester United not for Sale

Tuesday, March 1st, 2011 at 7:08 am , filed under News by Alex Callos

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The Glazer family’s have claimed their obligation to Manchester United and insist they have no interest in sale of their Premier League club. They are stanched to the 18 time English champions for the “long term”. The statement, which accompanied Man United’s ongoing media, reports the Glazer families have tried to sale the club to the Qatari royal family.

The Glazers families have been condemned by united fans after it was exposed that their capture mixed up to £660 million money owing in finance leveraging, which they have been paying off with club revenue since.

The club revenue for the 3 months up until Dec 31, 2010 increased from $140 million (£87 million) to $150 million (£93.2 million). Manchester United was bought by the Glazer family for £800 million in 2005 year. In the 2009/10 season, the club completed second to Chelsea in the Premier League.

Qatar Holdings has also shorn of that it has held discussion with Manchester United. Some magazine has anticipated that Man United’s is worth $1.8 billion making it the most expensive soccer team in the world so far.

Manchester United fans have started a campaign to expel the Glazers family, many refusing the conventional red shirts and scarves and instead wearing green and gold shirts, the original colors of Newton Heath, the amateur side became Manchester United.

However, Man United is leading the Premier League and in the last sixteen of the Champions League, the squad’s shows have been incompatible and some key players who are looming the end of their careers have yet to be replaced.

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