Manchester United’s owners have no intention of selling any stake in the club amid reported interest from Saudi Arabia, Press Association Sport understands.
A report in the Sunday Mirror claimed Crown Prince Mohammad bin Salman is preparing a £4billion bid for the club, who are owned by the Glazer family.
Rumours have surrounded a potential Saudi offer for the last week, pushing United’s share price to an all-time high on the New York Stock Exchange.
United already have business interests with Saudi Arabia, with Saudi Telecom the club’s official integrated telecommunications partner.
The club, meanwhile, signed a memorandum of understanding with the General Sports Authority of Saudi Arabia last year to help develop football industry in the country.
Further investment would therefore be a predictable next step in some ways but the timing would be extremely difficult politically given the fallout from the death of journalist Jamal Khashoggi at the Saudi consulate in Istanbul.
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