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November 24, 2024 1:42 AM

Asia

Saudi Crown Prince to not buy Manchester United football club

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792664 mohammed bin salman reuters
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While denying reports that said that Saudi Arabia’s crown prince is seeking to buy Premier League football club Manchester United, the kingdom’s media minister said on Monday, that there had only been a meeting with the Saudi wealth fund regarding sponsorship.

Reports that Mohammed Bin Salman intends to buy the club are “completely false”, the minister, Turki al-Shabanah, wrote on Twitter.

He was reacting to reports which said that the prince had sought to tempt the Glazer family to cede control of the club.

“Manchester United held a meeting with PIF Saudi to discuss (a) sponsorship opportunity,” Turki al-Shabanah said, adding that no deal has materialised.

On Sunday, British newspaper- The Sun said that the crown prince was in a £3.8-billion ($4.9-billion) takeover bid for one of football’s most popular clubs.

The paper said a bid was first submitted in October but the fallout from the murder of Saudi journalist Jamal Khashoggi at the kingdom’s embassy in Istanbul put the “skids” on a potential offer.

Nisha Shiwani hails from the pink city of Jaipur and is a prolific writer. She loves to write on Real Estate/Property, Automobiles, Education, Finance and about the latest developments in the Technology space.

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