Real Madrid deny Sheikh Mansour buy-out reports

29 December 2009 11:21
Reports in Spain had suggested the Sheikh was set to offer €1 billion for Real, and was due to meet club president Florentino Perez early in the new year for discussions. [LNB]However, Madrid claim the story is completely unfounded. [LNB]"Real Madrid wishes to inform: that Real Madrid president Mr. Florentino Perez has had a great friendship for many years with His Highness, Sheikh Mansour bin Zayed Al Nahyan," read a statement on the club's website. [LNB]"And that the so-called interest and the existence of any offer to acquire Real Madrid are false. [LNB]"His Highness has always shown tremendous respect for the club and understands that Real Madrid belongs to its members." [LNB]Sheikh Mansour, who is reportedly a Real Madrid supporter, is president of Abu Dhabi's Al Jazira Club, where he set up a twinning agreement with the Spanish giants in 2005. [LNB][LNB]

Source: Telegraph