Saudi crown prince denies £3.8bn Man Utd takeover bid

Saudi Arabia's crown prince Mohammad bin Salman has denied he is planning to launch a takeover bid for English Premier League club Manchester United.

Reports earlier this month suggested that bin Salman was looking to table a £3.8bn bid and take control of the club from its current owners, the Glazer family, which has been involved in the club since 2003.

The rumours were fuelled after a number of United chiefs travelled to Saudi Arabia.

The prince denied the deal in a statement issued via Turki Abdullah Al-Shabanah, the minister of media for Saudi Arabia.

"Reports claiming that HRH the Crown Prince Mohammed Bin Salman intends on buying Manchester United are completely false," the statement reads.

"Manchester United held a meeting with the Public Investment Fund (Saudi Arabia's sovereign wealth fund) to discuss sponsorship opportunities. No deal has been materialised."

Mohammad bin Salman  English Premier League  Manchester United 
Related stories

Deloitte: Real Madrid beats Barcelona and Man Utd to 'world's wealthiest club' status

Manchester United to open themed entertainment centres across China

Ex-Man Utd boss to open World Travel Market London 2015

Saudi Arabia's crown prince Mohammad bin Salman has denied he is planning to launch a takeover bid for English Premier League club Manchester United. Reports earlier this month suggested that bin Salman was looking to table a £3.8bn bid and take control of the club from its current owners, the Glazer family, which has been involved in the club since 2003. The rumours were fuelled after a number of United
SAR,PHR
Reports suggested that bin Salman was looking to table a £3.8bn bid for Manchester United
More news
News stories: 1 - 30 of 7020     
 
 
 
News stories: 1 - 30 of 7020     
 
 
 
company profile
Company profile: DJW
DJW offer a way to interpret your story through the use of technology. We can provide Audio Visual consultancy to assist in the planning stage, follow up with AV system design, supply and installation, and provide a bespoke control system to suit your operational needs.
Try cladmag for free!
Sign up with CLAD to receive our regular ezine, instant news alerts, free digital subscriptions to CLADweek, CLADmag and CLADbook and to request a free sample of the next issue of CLADmag.
sign up
features
The King Salman Park in Riyadh will be four times the size of Central Park
The future for the Erie Canal is being assessed
"Infrastructure is the manifestation of our collective investment in the functioning of our urban places"

FromLA'sRiver Projectto thetransformationof NewYork’s Erie CanalBuro Happold'sAliceShay explores some of the world's mostinnovativeadaptivereuseprojects

features
Mahdavi designed pastel interiors for the recently opened Laduree store and cafe in Tokyo
After working for Christian Liaigre in Paris, Mahdavi launched her practice in 1999
"I never thought it was a talent. I just did it very naturally, without thinking"

The ‘queen of colour’ on her nomadic childhood, being fearless and choosing the exact right shade of pink for the Sketch Gallery restaurant

The 27-storey hotel opened in March
Fu has a masters in architecture from Cambridge University
"I wanted to go deeper than the stereotypical concept of lanterns, junks and temples"

Drawing on his childhood memories for the St Regis Hong Kong

Cucinelli set up a cashmere dying business in 1978. It has now become a billion dollar empire based in Solomeo
"It would be great if today’s men left as a legacy for the future some architectural and humanistic monuments for the next hundred, three hundred, one thousand years"

BrunelloCucinelli has madehisfortune from cashmere and has used hiswealthto restoreandrevive theItalian hamlet he callshome. Wefindout more

Mikyoung Kim created a sculptural fog fountain for Chapel Hill
Mikyoung Kim
"Nature isn’t rigid. It’s open-ended; that’s its beauty"

The Boston-based landscape architect on blending art and science to design creative spaces that bring communities closer

The hacienda’s original crumbling walls form a key part of the design
"True luxury is about preserving the soul of an incredible destination"

KimMegsonvisitstheaward-winning ChabléYucatánResort&Spa

cladkit product news
Duravit launches Tempano shower trays
The Tempano trays feature a state-of-the-art design that combines a linear slope with a high drainage rate
Lauren Heath-Jones
Duravit, a Germany-based bathroom fixtures company, has launched Tempano, a series of easy-to-install shower trays for the home. Available in ...
Crown overhaul changing rooms at Saunton Sands spa
Crown Sports Lockers installed rain of Nebraska Oak clothes lockers with RFID Digilocks in the changing rooms
Lauren Heath-Jones
Saunton Sands Hotel in Devon, UK, has completed a £2m expansion of its spa and wellness facilities. The upgrade included ...
Alusid's Sequel collection combines craftsmanship and sustainability says founder
The Sequel collection is billed as the 'most waste-efficient and sustainable' on the market
Lauren Heath-Jones
Alusid, a creator of eco-friendly surfaces, has partnered with Parkside to launch the Sequel range, the brand's first collection of ...
cladkit product news
nea studio showcase seaweed's design potential with hand-crafted algae lamps
The seaweed lamps were inspired by Edwards Anker's ethos of incorporating local and organic materials in her designs to give them a sense of place
Lauren Heath-Jones
Nina Edwards Anker, a Brooklyn-based designer and founder of architecture and design practice nea studio, has created a new collection ...
ZHD'S MEW Coffee Table explores relationship between surface and structure
The MEW Coffee Table is described as an investigation into the relationship between surface and structure
Lauren Heath-Jones
Zaha Hadid Design has partnered with Italian furniture design firm Sawaya & Moroni to create the Mew Coffee Table. The ...
Paul Kelley pushes 'technical boundaries' with modular furniture cube system
The system is designed to enable users to create multifunctional, adaptable pieces, where they are in complete control of the design and function of their furniture
Lauren Heath-Jones
British designer Paul Kelley has created a modular magnetic cube furniture system that enables users to create multifunctional, adaptable pieces, ...
cladkit product news
Tom Dixon Studio to relaunch iconic Pylon chair
Pylon was first designed more than 20 years ago
Lauren Heath-Jones
Originally conceived in his metal workshop in the early 90's, the Pylon chair was Dixon's attempt to create the world's ...
BD Barcelona Design reveals Cristallo by the late Alessandro Mendini
Cristallo was the last design from acclaimed designer and architect Alessandro Mendini
Lauren Heath-Jones
Design Studio BD Barcelona Design has released Cristallo, a limited-edition cabinet designed by the late architect and designer Alessandro Mendini, ...
Mater partners with Ditzel family to create eco-friendly furniture using reclaimed plastic
The furniture uses plastic from recycled fishing nets
Lauren Heath-Jones
Mater, an ethical design brand based in Denmark, has launched a furniture collection made from plastic reclaimed from the ocean. ...
x
Sign up with CLAD for regular news updates