News APP

NewsApp (Free)

Read news as it happens
Download NewsApp

Available on  gplay

Rediff.com  » Sports » Glazers snub 1.5 billion pound bid for Manchester United

Glazers snub 1.5 billion pound bid for Manchester United

Source: ANI
May 07, 2010 14:05 IST
Get Rediff News in your Inbox:

The US-based Glazer family has reportedly rejected a 1.5 billion bid for Manchester United.

The group of wealthy United fans were understood to be planning a 1.2 billion pound offer for the club this summer.

But news of the Glazers' reluctance to accept a higher offer, believed to be from a Middle East consortium last year, is a massive stumbling block, The Sun reports.

United supporters have shown their discontent for the Glazer regime with their "green and gold" protests at Old Trafford this season.

Fans are unhappy with the lack on investment in the team, especially after Cristiano Ronaldo's world record 80-million-pound sale to Real Madrid last year.

Supporters are also worried by the club's spiralling debts which stand at over 700-million-pounds.

Get Rediff News in your Inbox:
Source: ANI

INDIAN PREMIER LEAGUE 2024

INDIAN PREMIER LEAGUE 2024