17 Feb 2011

Qatar company denies Man U takeover talk

6:25 am on 17 February 2011

Qatar Holding, the Gulf State's sovereign wealth fund, has joined Manchester United in quashing rumours of a takeover, insisting that no talks have been held with the English premier league leaders.

United have repeatedly said the Old Trafford club is not for sale, but its high-yield bonds rose to near record highs yesterday on speculation of a deal.

The club has been the subject of media reports saying their American owners, the Glazers, are on the verge of selling up.