Get Instant News Updates
Enable
x
Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts
 

Red Knights give up dream to buy Man U

By Super Admin

London, June 2 (ANI): The Red Knights' dreams of rescuing Manchester United from the grips of the US-based Glazer family have come to a dead end.

According to The Mirror, the Glazer family last week stated they had no intention of selling the club.

Previous claims that the American owners had rejected a 1.5 billion pound bid from a Far East consortium already seem to have led to a belief amongst the Red Knights that there is little point making a substantially lower offer that was also certain to be rejected.

"The Red Knights remain committed to pursuing their efforts to try and help bring ownership of Manchester United to its supporters, and under a structure with materially less debt," The Mirror quoted a statement released on behalf of the group, as saying this morning."As we have maintained however since news of our ambitions first emerged in March, we will only attempt to purchase the club at a sensible price, consistent with the long-term interests of the club," the statement added.

The news will come as a major disappointment to fans opposed to the current owners and those who have mounted a major campaign against them. (ANI)

Story first published: Thursday, August 24, 2017, 15:51 [IST]
Other articles published on Aug 24, 2017