Manchester United
MANCHESTER, ENGLAND – OCTOBER 06: Alexis Sanchez of Manchester United celebrates scoring their third goal during the Premier League match between Manchester United and Newcastle United at Old Trafford on October 6, 2018 in Manchester, United Kingdom. (Photo by John Peters/Man Utd via Getty Images)

Manchester United are not for sale amid reports that the ruler of Saudi Arabia is interested in buying the club, Sky Sports News understands.

Crown Prince Mohammad bin Salman is one of the richest and most powerful men in the world and is understood to be keen to invest in a top European football club.

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Saudi Arabia’s neighbours are already heavily involved in football, with reigning Premier League champions Manchester City backed by Abu Dhabi-based Sheikh Mansour and Paris Saint-Germain owned by Qatar Sports Investments.

United have been owned by the Glazer family since 2005 and are valued at more than £3bn – they bought United in a £790m deal – although, according to Sky Sports News, an offer starting at £4bn would have to be on the table for a sale to even be considered.

Their most recent set of accounts, issued last month, showed record £590m revenue in the year to June 2018 – their current debt of £487m is the continuing cost of the Glazer family’s leveraged buy-out.