Man Utd executives meet with Saudi officials amid talk of £4bn takeover

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Red Devils co-owner Avram Glazer is in the Middle East as speculation regarding a possible change of ownership at Old Trafford continues to rage

Manchester United executives have met with officials in Saudi Arabia against a backdrop of speculation suggesting that the club could be the subject of a £4 billion ($5.1bn) takeover bid.

It has been suggested that the ruling Salman family are looking to acquire the Red Devils in a stunning big-money deal.

Money from the Middle East has already flooded into European football, with Manchester City and Paris Saint-Germain among those benefitting from sizeable investments.

Sheikh Mansour, a member of the Abu Dhabi royal family, has helped to deliver Premier League title success at the Etihad Stadium, while Qatar Sports Investment have made PSG a heavyweight player in the global game.

United are reported to be the latest target for a change in ownership, with the Glazer family currently at the Old Trafford helm.

Takeover talk has intensified since it was revealed that co-owner Avram Glazer had travelled to Saudi Arabia.

Rumours quickly circulated regarding the reasons for that trip, with discussions regarding a possible sale being mooted.

The Glazers have offered no indication that they are looking to part with their controlling stake at United, but it was suggested that they may be willing to part with some of their shares.

No such talks are being held at present, though, with takeover talk having been curbed by the Saudi Arabian Football Federation (SAFF).

They have confirmed that Avram Glazer is merely in the country to attend the Misk Global Forum being held in Riyadh.

He boasts a close relationship with the Saudi government and has attended a number of conferences in the region of late.

“The president Qusai Alfwaz met Manchester United CEO and the Managing Director and talked about a lot of topics, about the cooperation between the club and the federation and how to improve that,” read a statement released by the SAFF.

While no sale has been discussed with the Salmans as yet, it appears as though the speculation regarding talks is set to rumble on.

The Glazers have struggled to attract support from United fans throughout their time at the helm, with questions asked of their motives for acquiring the club.

A process which started in 2003 when Malcolm Glazer purchased his first stake and ended when a £800m ($1bn) purchase was completed in 2005.

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