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Manchester United director says club sale a long way off
A Manchester United director says the American owners will sell the club eventually but that day is a "long way down the line."
Updated on: Dec 21, 2010, 21:25:02 IST
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A Manchester United director says the American owners will sell the club eventually but that day is a "long way down the line."
The Premier League leaders have faced mounting speculation about their future ownership since the Glazer family last month cleared around 220 million pounds ($342 million) of high-interest debt used to fund their leveraged 2005 takeover.
The owners haven't announced where the funds came from. British newspaper reports have suggested Qatar Holdings is preparing a bid for the club.
Michael Edelson, who has been a United director since 1982, tells The Associated Press "it is inevitable that at some time they will sell" but that is a "long way down the line."
The Glazers have maintained the club is not for sale.
