Madrid denies buy-out bid by City sheik
Published
Dec. 29, 2009 11:40 a.m. ET

foxsports
Real Madrid has denied that Manchester City owner Sheik Mansour
made a €1 billion ($1.44 billion) offer to buy the Spanish
club.
Madrid said on its Web site Tuesday that the "so-called
interest and the existence of any offer to acquire Real Madrid are
false."
A Spanish newspaper reported Sunday that Sheik Mansour bin
Zayed Al Nahyan had made the offer to president Florentino Perez
and that discussions would take place next week.
Madrid is one of four clubs in the Spanish league that is
owned by its members and not by a private entity. The others are
Barcelona, Athletic Bilbao and Osasuna.
Sheikh Mansour is also president of Abu Dhabi's Al Jazira
Club, which has had a twinning agreement with Madrid since 2005.
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