MX23RW : Thursday, November 21 15:30:56| >> :600:2768669:2768669:

Ed Woodward: 'Glazer family are with Manchester United for the long term'

Ed Woodward: 'Glazer family are with Manchester United for the long term'
© Reuters
There has been speculation of a takeover bid for the Premier League club.

Manchester United executive vice-chairman Ed Woodward believes the Glazer family are "in it for the long term".

The Glazers completed their controversial takeover at Old Trafford in 2005, with their ownership the subject of intense focus ever since.

It was reported on Sunday that the Saudi Crown Prince Mohammed Bin Salman is preparing to make a third takeover bid for United, but Woodward believes the current owners are staying put.

"Based on what I see, they're in it for the long term," the executive vice-chairman said.

"With regards to offers or asking prices, my understanding is that there have been no discussions for a price for the club or anything like that.

"(I think they are in it for the long-term) because every conversation we have is based on the long-term."

He added: "The debt is a long-term, structured and similar to some other football clubs. It's a fixed amount for a fixed period of time which results in it being fairly cheap to service.

"It's just under two per cent our annual revenue each year, so it doesn't really have any impact on us."

It is not just the Glazers that are under the spotlight, with Woodward's role subject to intense focus.

"I understand the scrutiny; it's part of the job," he told United We Stand.

"We have to do everything that we possibly can to get back to winning the Premier League.

"We are not successful until we do. Second is not success, we have to win the Premier League."

body check tags ::

Click here for more stories about Ed Woodward

Click here for more stories about Manchester United

Share this article now:
Instagram - Follow Sports Mole
Manchester United boss Ole Gunnar Solskjaer pictured on August 24, 2019
Read Next:
Solskjaer aims PL title dig at Liverpool
>

Belgian Pro League
Uruguayan Primera Division
International Friendlies
NFL
Tables
TeamPWDLFAGDPTS
1Liverpool12111028101834
2Leicester CityLeicester128222982126
3Chelsea1282227171026
4Manchester CityMan City1281335132225
5Sheffield UnitedSheff Utd12453139417
6Arsenal124531617-117
7Manchester UnitedMan Utd124441612416
8Wolverhampton WanderersWolves123721615116
9Bournemouth124441515016
10Burnley124351718-115
11Brighton & Hove AlbionBrighton124351517-215
12Crystal Palace124351016-615
13Newcastle UnitedNewcastle124351118-715
14Tottenham HotspurSpurs123541817114
15Everton124261318-514
16West Ham UnitedWest Ham123451420-613
17Aston Villa123271720-311
18Watford12156823-158
19Southampton122281129-188
20Norwich CityNorwich122191128-177

Subscribe to our Newsletter


Transfer Talk Daily
Match previews - twice weekly
Morning Briefing (7am UTC)
Ultra close-up image of Kevin De Bruyne [NOT FOR USE IN ARTICLES]Get the latest transfer news, match previews and news direct to your inbox!