Glazers wont sell: Gill set to quash 1bn Man United takeover talk

Published: 03 Mar 2010 - 12:05:26

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Glazers wont sell: Gill set to quash 1bn Man United takeover talk

Manchester United chief executive David Gill is expected today to distance the club from takeover speculation surrounding a group of wealthy fans. Red Knights, a group of 'high net worth individuals' who work in the City, have confirmed their intention to try to oust the owners, the Glazer family. But the Glazers have insisted they are not interested in selling United - and Tuesday's announcement of a sharp rise in turnover and profits has strengthened their position. Staying put: Chief executive David Gill is expected to announce the Glazer family are committed to Manchester United and do not intend to sell the club for £1bn Gill is due to speak at today's Soccerex conference in Manchester - and yesterday defended the club's debts saying they would not impact on UEFA's new rules where all clubs must only spend what they earn if they want to play in European competition. 'We have seen what the proposals are and we would meet the financial break even rules,' said Gill. £1.5bn or you can say good Knight! Glazers to stand firm over United saleManchester United release figures showing revenue and profit increaseManchester United are not for sale! Glazers stand firm amid takeover talkMANCHESTER UNITED FC