English Premier League football club Manchester United has moved to deny claims that it is up for sale amid reports suggesting interest from Saudi Arabia Crown Prince Mohammad bin Salman.
The Daily Star newspaper, citing reports in the Middle East, claimed that such a deal could be worth over £4bn (€4.6bn/$5.3bn).
However, club sources have told the Daily Mirror newspaper that the Glazer family, which owns United, have “maintained their stake is not for sale”.
The Mirror’s source also questioned the timing of the reports linking Prince Mohammad with a bid for United, with Saudi Arabia currently engulfed in a diplomatic crisis following criticism of the kingdom’s regime by US-based journalist Jamal Khashoggi, who has disappeared amid rumours he has been murdered.
The rumoured interest in United from Prince Mohammad comes after the club last year signed a strategic partnership with the General Sports Authority (GSA) of Saudi Arabia.
The GSA agreed a Memorandum of Understanding with United, through which the club will help the organisation develop Saudi Arabia’s football industry as part of the ‘2030 Vision’ announced in 2016 by Prince Mohammad. The Vision is designed to diversify the Saudi economy and develop the country’s public sectors.