Man United deny rumours Beckham and Qatari royal family are poised to buy out club for £2bn after Glazer family 'lose interest' PUBLISHED: 12:59 GMT, 27 March 2014 | UPDATED: 15:10 GMT, 27 March 2014
Manchester United have rubbished suggestions the Glazer Family have lost interest in the club and a £2billion Qatari bid fronted by David Beckham is poised to take over.
According to reports, Beckham and his 'Class of '92' teammates Ryan Giggs, Nicky Butt, Paul Scholes and the Neville Brothers are involved in a bid funded by the Qatari royal family.
They have approached the Glazer family - who own 90 per cent of the Old Trafford club - on a number of occasions and the price remains the only stumbling block.
Rumours: Manchester United have been forced to deny speculation that David Beckham is fronting a bid by the Qatari royal family to buy the club from the Glazer family
Lost interest? There is speculation the Glazer family, who own 90 per cent of the club, are willing to sell. Avram Glazer is pictured at the recent Champions League match with Olympiacos
Class of 92: Beckham, along with former United players (from left) Nicky Butt, Paul Scholes, Gary Neville and Ryan Giggs are poised to buy out the club
Bid: (From left) Giggs, Gary Neville, Phil Neville, Butt, Scholes and Beckham at the premiere of the film ' Class of 92' in December last year
Projects: Beckham has been out in Miami promoting his new MLS franchiseIt had been suggested in The Sun that the Glazers have become disillusioned with running the club as they lurch from one disaster to another under David Moyes.
United find themselves seventh in the Barclays Premier League, having just suffered back-to-back 3-0 home defeats to rivals Liverpool and Manchester United, and have been drawn with Bayern Munich in the quarter-finals of the Champions League.
But club sources insist the club is not up for sale, with the Glazers determined to stay in charge and oversee a rebuilding job to challenge once again at the top of the table.
Led by brothers Avram and Joel, the Glazer family bought United in 2005 but ceded 10 per cent of their control in a 2012 share issue.
Bad times: Javier Hernandez, Juan Mata and Wayne Rooney stand around dejected after Manchester City score the third of their goals in Tuesday's 3-0 derby win at Old Trafford
Humiliated: The scoreline at Old Trafford made for grim reading
Nowhere to hide: David Moyes cut a sorry figure on the bench as United slumped to a 3-0 defeatThe Sun also reported that horseracing trainer Ged Mason, bookmaker Fred Done and other wealthy fans had been approached over a prospective deal.
A source told the tabloid: 'The Glazers have lost interest. Everyone knows the club is effectively for sale. It's just a question of getting the right price where they recoup their money and make a bit to save face.'
United's share price on the New York Stock Exchange rose by two per cent to $16.14 on Wednesday, valuing the club at £1.6billion.
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