Glazers Confirm Ownership Of Manchester United: Any Reasons?

The BBC has today reported that the Glazers have taken the step of confirming 100 percent ownership of Manchester United.

There has been some speculation circulating that the Glazer family have transferred ownership of Red Football LLC from Nevada to Delaware—where ownership laws mean that the Glazers do not have to declare details of the club ownership.

This has fuelled rumours that the Glazers have sold of a section of the club to fund a pay off of the £220 million PIK debt (Payment In Kind).

A spokesman for the Glazer family has confirmed that: "There has been no change of ownership."

This move has fuelled rumours that the Qatar Royal Family are very interested or that a partial deal has been done with the Glazers or that, at least, the framework for a deal has been laid out in the form of sale rights on the club being sold to a future investor to assist with the move to pay off the PIK loans last November.

Interestingly the M.U.S.T group (Manchester United Supporters Trust) and the Red Knights have been very quiet over the last few months.

Does this mean that there have been lots of behind the scenes negotiations with different parties or simply that they are aware of done deals yet to be made public?

One thing that United fans can be sure of is that the Glazers are not being open and honest with their business dealing surrounding the Old Trafford outfit and this will lead to continued unrest with supporters.