Glazer 'considering options' on Man Utd

Billionaire American businessman Mr Malcolm Glazer today refused to rule out a bid to buy Manchester United.

Billionaire American businessman Mr Malcolm Glazer today refused to rule out a bid to buy Manchester United.

Mr  Glazer, who last week increased his stake in the club to 16.31 per cent, said in a statement released to the London Stock Exchange this morning he is considering his options and could increase his shareholding.

However Mr Glazer, who owns former Super Bowl champions the Tampa Bay Buccaneers, could also sell his stake in the club.

The statement said: "The Malcolm I. Glazer Family Partnership has acquired shares in Manchester United because it has great admiration for Manchester United's rich history, loyal fans, great players, outstanding managers, winning tradition and for investment purposes.

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"As with any investment, it is considering its possible options, which may include increasing its shareholding or decreasing its shareholding in Manchester United.  It could also include a possible offer for or a possible sale of its shareholding in Manchester United."