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Will Man. United be acquired by Saudi Arabia?

Will Man. United be acquired by Saudi Arabia?

Riyadh - Mubasher: The Crown Prince of Saudi Arabia, Mohammed bin Salman, could soon start talks with the Glazer family to acquire Manchester United Football Club.

Reports by British media claimed the football club, which is valued at GBP 3 billion, is a target for investment by Saudi Arabia.

However, Sky Sports News reported on Tuesday that the owners of Manchester United are not considering selling part or the whole of the the world's richest soccer club.

Manchester United was listed on the London Stock Exchange (LSE) in 1991, and then it was purchased by Malcolm Glazer in May 2005 in a deal nearing GBP 800 million, after which the company was taken private again, before going public in August 2012.