US private equity firm Apollo has reportedly rejected reports of its interest to buy a minority stake in Manchester United from the Glazer family after Sir Jim Ratcliffe declaring his interest in buying the club.
Reports earlier this week indicated that Glazer brothers Avram and Joel still aren't yet ready to cede full control of the club but are open to selling a minority stake. It subsequently was suggested that Apollo Global Management were in discussions to purchase a stake in the club and could bring in other investors in due course.
The news had followed renewed and sharp criticism of the Glazers' ownership after the Red Devils suffered back-to-back defeats to begin their Premier League campaign with a whimper.
