Monday, December 11, 2017

Chinese company denies approach to buy Man United stake

Chinese insurer Ping An Insurance Group has denied reports it has been in discussions to buy a stake in Premier League giants Manchester United.

It has been reported by the Sunday Times that a mysterious Chinese buyer has expressed an interest in purchasing a holding in the English club, who are owned by the Glazer family.

According to the report, some of United’s independent shareholders have been contacted.

However, Ping An Insurance Group distanced itself from the rumours on Monday.

“The information is false. Ping An have not been involved in any discussion on purchasing a holding in Manchester United,” Ping An spokesman Sheng Ruisheng said via the 21st Century Business Herald.

“And [Ping An’s Chairman and CEO] Mr. Ma Mingzhe has never owned any shares in Manchester United.

“As a listed company, Ping An release all information in official statements. Please don’t believe rumours.”

United face Champions League titleholders Real Madrid in the UEFA Super Cup on Tuesday before kicking off their Premier League campaign at home to West Ham on Sunday.

ABOUT THE AUTHOR

SoccerNews

Soccernews.com is news blog for soccer with comprehensive coverage of all the major leagues in Europe, as well as MLS in the United States. In addition we offer breaking news for transfers and transfer rumors, ticket sales, betting tips and offers, match previews, and in-depth editorials.

You can follow us on Facebook: Facebook.com/soccernews.com or Twitter: @soccernewsfeed.

SHARE OR COMMENT ON THIS ARTICLE

WE RECOMMEND

Leave a Reply

Be the First to Comment!

Notify of
avatar
 
smilegrinwinkmrgreenneutraltwistedarrowshockunamusedcooleviloopsrazzrollcryeeklolmadsadexclamationquestionideahmmbegwhewchucklesillyenvyshutmouth
wpDiscuz
More More
Top