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Chinese company denies approach to buy Man United stake

Ping An Insurance Group distanced itself from rumours linking them with the Red Devils on Monday

Chinese company Ping An Insurance Group has denied reports it has been in discussions to buy a stake in Premier League giants Manchester United.

Man Utd at 15/4 odds to win PL

It has been reported by the Sunday Times that a mysterious Chinese buyer has expressed an interest in purchasing a holding in the English club, who are owned by the Glazer family.

According to the report, some of United's independent shareholders have been contacted.