Saudi Prince distanced from £3.8bn bid to wrestle control of Man Utd from the Glazers

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Talk of Crown Prince Mohammed bin Salman readying a big-money offer to claim power at Old Trafford has been played down by Saudi Arabian ministers

Prince Mohammed bin Salman's rumoured interest in buying Manchester United is false according to a denial issued by one of his ministers in Saudi Arabia.

A report by The Sun claimed Bin Salman was readying a £3.8 billion ($4.9bn) bid – a deal that would give the Glazer family a huge £2.2bn profit on the club they controversially acquired for £790 million ($1bn) in 2005.

With the Glazers having struggled to win over the support of fans throughout their time in charge of the Red Devils, takeover speculation has surfaced at regular intervals.

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Prince Mohammed bin Salman is the latest to have been linked with an effort to wrestle power from the current American ownership in Manchester.

A tweet from Turki Al-Shabanah, the minister for Saudi media, has admitted to a meeting taking place between United representatives and the Gulf state's royal investment fund, but only to discuss a potential sponsorship tie-up.

"The news that Prince Mohammed bin Salman desires to acquire Manchester United is completely untrue news," Al-Shabanah's tweet read.

"The fact of the matter is that the club held a meeting with the public investment fund to discuss an advertisement sponsorship project.

"The Fund listened to the proposals as [it would] any other".

In October 2017, United agreed a strategic partnership in Saudi Arabia with the country's General Sports Authority (GSA).

The Red Devils also have a commercial partnership with Saudi Telecom and, at the time of the GSA deal, United's group managing director Richard Arnold said: "The club has a long-standing relationship with Saudi Arabia and has over five million passionate fans in the region.

"Having the chance to help shape the football industry in the Kingdom is a great honour and it is something where we believe we can make a big difference."

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