Sixth Street: US investment firm reveals stance on Man Utd bid

US investment firm Sixth Street have denied reports claiming they are interested in buying a stake in Manchester United.

The Glazer family signalled its desire to leave Old Trafford in November and interested parties are coming forward, with Sir Jim Ratcliffe entering the race.

The Telegraph had reported Sixth Street wanted involvement in United's imminent takeover, but the firm revealed on social media they are not currently part of any discussions.

They said: "As part of our sports investing franchise, Sixth Street maintains active dialogues with top organizations across multiple sports and around the world. But at this time Sixth Street is not looking to buy Manchester United and is not in any active discussions to do so."

Sixth Street is based in San Francisco but also has offices in London, Hong Kong and Melbourne. They are more renowned in the football world for ties to La Liga giants Real Madrid and Barcelona.

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In May 2022 it was revealed they would pump €360m into Real to develop new businesses at the Bernabeu. They also own 25% of Barcelona's La Liga TV rights income over the next 25 years following the activation of one of Joan Laporta's economic levers.

Source : 90min