4 Mar 2010

Man U not for sale

8:26 am on 4 March 2010

Manchester United's chief executive David Gill says there's no prospect of the Glazer family selling the club, and he's questioned the wisdom of a proposed takeover.

A group of wealthy Manchester United supporters, the Red Knights, have confirmed they've begun moves towards a possible takeover of the club which is saddled with a 1.5 billion dollar debt.

But Gill says the Glazers are long-term owners, and the club isn't for sale.

United fans fear the cost of servicing the debt will slow investment in Sir Alex Ferguson's team, if it is not already doing so.