United says it has not received an offer for the club

MANCHESTER United has sought to dampen takeover speculation by saying it has not had any formal or informal offers for the club.

The club issued a statement to the stock exchange yesterday to end the rumour mill that has driven the share price to a three-year high after the Takeover Panel ordered the company to say if it had been approached.

Speculation has been running for the past week that Malcolm Glazer who owns 16% of the club, was on the verge of launching a bid.