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Thursday 16 June 2011

Qataris deny plans to buy Manchester United

Doha - Qatar Holding has denied reports it is planning to buy Manchester United, a statement from Qatar state-run news agency said. Qatar Holding Chief Executive Officer Ahmed Mohamed Al Sayed told Qatar News Agency that the fund was not and never had been, in negotiations to buy the club.

Qatar recently acquired a 70% stake in French top-flight team Paris St Germain. The Gulf state will host the 2022 World Cup.

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