THE RED KNIGHTS' hopes of a Manchester United takeover suffered a hammer blow last night as it was claimed the Glazer family have already rejected a £1.5billion bid. The group of wealthy United fans were understood to be planning a £1.2bn offer for the club this summer.
But news of the Glazers' reluctance to accept a higher offer, believed to be from a Middle East consortium last year, is a massive stumbling block.
United supporters have shown their discontent for the Glazer regime with their 'green and gold' protests at Old Trafford this season.
Fans are unhappy with the lack on investment in the team, especially after Cristiano Ronaldo's world record £80million sale to Real Madrid last year.
Boss Alex Ferguson last week said he did not expect to splash out in the transfer window.
Supporters are also worried by the club's spiralling debts which stand at over £700million.
Many hoped the protests would pile pressure on the American owners and force them into selling the Premier League champions.
However, the Glazer family have remained defiant and have always said they wanted to keep hold of the club.
As well as the £1.5bn bid, it is also claimed that the Glazers have rejected a number of other offers in excess of £1bn during recent months.
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