Man United takeover: Russian billionaire Mikhail Prokhorov denies negotiations with club

Man United fans were ecstatic earlier this week when rumours surfaced that a Man United takeover may be on cards. Russian billionaire Mikhail Prokhorov was man said to be interested in a possible Man United takeover. However, those hopes have w been dashed by billionaire himself. Mikhail Prokhorov, former owner of NBA's Brooklyn Nets, has denied reports linking him with a Man United takeover. 

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Man United takeover: Russian billionaire Mikhail Prokhorov denies reports

Reports in Russia claimed that businessman Mikhail Prokhorov was among those interested in negotiating a deal with Glazer family, but it appears takeover bid is forthcoming at this moment in time. Earlier, Saudi Arabia Crown Prince Mohammed bin Salman was said to be interested in buying club before turning his attention to Newcastle, which ended in considerable controversy. 

Manchester United have been run by Glazer family since 2005, with Americans proving to be divisive figures in time since. Man United owners have reportedly taken more money out of club than any or owners in Premier League. This, combined with a stagnant approach in transfer market has led to several calls from fans for exit of Man United owners. 

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Russian billionaire Prokhorov studied at Moscow Finance Institute before making billions in privatisation of Russia's nickel and palladium mining industries and even ran in country's 2012 election campaign as a pro-business independent. Russian's closest association with sports was with NBA team Brooklyn Nets, which Russian sold over time. 

While a Man United takeover will need considerably more resources than one for, say, Newcastle, Mikhail Prokhorov is certainly a man with resources needed. According to Forbes, Mikhail Prokhorov's net worth is said to $11.3 billion (£8.7bn). Man United, on or hand, is valued at close to £3 billion. 

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Manchester United transfer news: Red Devils still monitoring targets in a quiet window 

Manchester United were reportedly interested in Gareth Bale and Sergio Reguilon but have lost both those targets to Premier League rivals Tottenham Hotspur. Meanwhile, ir chase for Jadon Sancho continues, but club is looking at alternatives with Atalanta youth team striker Amad Traore said to be among those. club could also part ways with Chris Smalling and Jesse Lingard if y find suitable buyers. Ole Gunnar Solskjaer is also said to be keen on signing Bournemouth striker Josh King, while some interest is said to be retained in RB Leipzig's Dayot Upameca. 

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Im Credits: AP, Man United Twitter