high on the back of the speculation surrounding Malcolm
Glazer’s intentions. The statement from the board that no
bid was expected led to a fall of 1% by close of trading.
"The board wishes to make clear that, as at today's date, it
has not received any approach, formal or informal, regarding
a possible takeover offer for the company. The directors of
Manchester United accept responsibility for the information
contained in this announcement. To the best of the knowledge
and belief of the directors (who have taken all reasonable
care to ensure that such is the case), the information
contained in this announcement is in accordance with the
facts and does not contain anything likely to affect the
import of such information."