Glazer family rule out Manchester United sale for five more years

The Glazer family won;t sell Manchester United for 'many, many years' according to the club's vice-chairman

The Glazers do not plan to sell Manchester United - and could remain in control for at least another five years.

It is understood the club's controversial American owners are relaxed about United's demise on the pitch and failure to qualify for the Champions League for the first time since 1995.

They believe the club's long-term financial health looks better than ever, particularly after the succession of eye-watering commercial deals recently agreed.

Last month United announced a record £750million kit deal with adidas, which begins next year, while this season saw the start of their £47million-a-year shirt sponsorship agreement with Chevrolet.

They are confident new boss Louis van Gaal can return them to the Champions League and maintain their status as one of the world's biggest football brands.

The Glazers have also seen United's value more than double to £1.85billion in the nine years since Malcolm Glazer, who died in May, bought the club for £790million.

It is understood they have no plans to cash in on United, despite selling off 15 per cent of the club in a recent share issue, which earned the family around £89million.

They plan to continue as owners for the foreseeable future and are unaffected by the on-going campaign by some supporters to drive them out.

These fans will be disappointed that the Glazers intend to remain and they have been unhappy with the huge debts the club have had to manage since their takeover.

="http://www.mirror.co.uk/sport/football/news/glazer-family-refuse-manchester-united-4078740">Source: The Mirror<