Mohammed Bin Salman denies Manchester United takeover bid

Saudi Arabia’s Crown Prince has denied reports suggesting that he is interested in buying Manchester United.

There has been a good deal of speculation in recent months about a mega money takeover of the Old Trafford outfit, with Manchester United managing director Richard Arnold making a number of trips to the middle east.

It has been claimed that Mohammed Bin Salman, who is worth a staggering £850 billion, is attempting to buy the club for around £3.8 billion, significantly higher than the club was bought for 14 years ago when Malcolm Glazer controversially bought the club for £750m.

However, the 33-year-old has denied wanting to buy the Premier League giants, saying that talks with the club have been solely surrounding ‘a sponsorship opportunity’.

“Reports claiming that HRH the Crown Prince Mohammed Bin Salman intends to buy Manchester United are completely false,” Turki al-Shabanah told the BBC.

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

Bin Salman is the heir to the throne in Saudi Arabia and is currently serving as the country’s deputy prime minister.

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