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.
'Ed still failing – Woodward Out!'
Man United fans fly plane over Old Trafford ahead of Liverpool clash calling for Glazers to sack CEO while others protest outside the groundhttps://t.co/xyGqurowSH pic.twitter.com/0z8f7gDJD8
— Daily Mail Sport (@MailSport) October 20, 2019
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.”
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