glazers manchester united owners

Woodward reckons Glazers are ‘in it for the long-term’ at Man Utd despite reports of £3bn Saudi bid

Manchester United chief Ed Woodward believes the club’s owners are ‘in it for the long-term’ despite speculation the Glazer family could opt to sell amid takeover interest in the club.

Reports emerged this week that the club were bracing themselves for a third takeover bid from Saudi Arabia’s Crown Prince Mohammed Bin Salman, his previous £3billion reportedly having been rejected by the Glazer family.

The Glazers have owned the club since 2005, though have endured a difficult relationship with the club’s support after the American family loaded the club with over £700 million of debt to fund their own takeover, a debt which is still being paid off.

United fans organised a protest against the Glazers before Sunday’s 1-1 draw with Liverpool, while a plane flew over Old Trafford to call for the head of Ed Woodward.

However, under-fire executive vice-chairman Woodward has dismissed speculation that Manchester United could be sold, insisting the Glazer family remain committed to the club in the long-term.

“Based on what I see, they’re in it for the long-term,” Woodward told fanzine, United We Stand.

“With regards to offers or asking prices, my understanding is that there have been no discussions for a price for the club or anything like that. Every conversation we have is based on the long-term.”

Read – Keane urges Manchester United to sign Harry Kane

See also – Premier League Weekend: Heroes and Villains