Is Manchester United Sale imminent ?

britexpat
By britexpat

The Daily express seems to think so....

The Daily Express understands that United’s owners, the Glazer family, are “only haggling over details” with a deal to sell the club to Qatar Holdings virtually done at £1.6 billion.

If that deal is sealed, then Malcolm Glazer and his sons will have doubled their money in six years since they paid £790 million for the club in the summer of 2005.

Last month secret talks were believed to have stalled over the price. The club publicly dismissed the notion that any discussions with the Glazer family had even taken place.

But sources close to the talks disclosed that even the Qataris baulked at a demand for £2bn. I now understand that broad agreement in principle has been reached, with Qatar Holdings finding another £100m above their initial approach of £1.5bn.

“The deal is pretty much done and they are only haggling over details,” a well-placed source told me. It is believed that club officials and members of United’s management team have recently been to Qatar.

By LostInSpace• 11 Feb 2011 18:17
LostInSpace

is that Man u play all their home games in Qatar!

By britexpat• 11 Feb 2011 17:04
britexpat

I find it strange that they should want to "compete" with Abu Dhabi..

By cnadnaan• 11 Feb 2011 15:03
Rating: 3/5
cnadnaan

hmm.. then it ll be a good compettion for splash of money from both manchester side.. both under the ownership of gulf.. no one wud have thought of this few years back

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