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Manchester United: Saudi Arabia’s Crown Prince, Mohammed bin Salman, denies takeover bid

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  • Report the Crown Prince was set to make a £3.8billion takeover bid for United branded ‘completely false’

Saudi Arabia’s Crown Prince, Mohammed bin Salman, has refuted viral reports that he intends to buy Manchester United.

In a tweet on Monday, his media minister Turki al-Shabanah said the information was “completely false”.

WuzupNaija gathered that a report in the English press claimed that Prince bin Salman was pursuing a deal worth £3.8billion to take over United but,

He added: “Manchester United held a meeting with [Saudi Arabia’s] Public Investment Fund to discuss sponsorship opportunity. No deal has been materialised.”

United was bought by the Glazer family in 2005 in a £790m deal. The club is now valued at more than £3billion, but it is understood it would take an offer starting at £4billion to even be considered.

The club has links with Saudi Arabia already, having signed a deal with the nation’s Government in 2017 to help develop their football infrastructure.

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