Man Utd Spokesman Confirms ‘No Change of Ownership’

February 23, 2011

According to a spokesman for English Premier League soccer giants Manchester United, prostate the club has confirmed to the Premier League that the Glazer family still owns 100 per cent of the club.

There had been speculation over recent months that the American owners may have sold a stake to pay off their controversial £220m (US$357m) PIK (payment-in-kind) loans, and the Glazers recently set up a new parent company registered in Delaware, where there is no requirement to reveal ownership details.

However, in an interview with BCC Sport, a club spokesman stated: “There has been no change of ownership.”

The Glazers acquired the club in 2005, against the wishes of many of United’s supporters and have continued to be disliked by large sections of the sides fanbase.

Despite denials from both parties, Qatar Holdings LLC has been repeatedly linked with a takeover of the Barclays Premier League club.