Keith Harris Red Knights bid for United pointles

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The hard-fought campaign to rid Manchester United of their American owners has taken another twist today, and it doesnt make pleasant reading for Man Utd fans.Keith Harris, head of the Red Jake Brendel Jersey Knights group and executive chairman of investment bank Seymour Pierce does not believe that a bid for the club would be worthwhile.Speaking to Sky Sports News, Harris said,(If) the owner is not a seller and owns all of it and isnt under pre sure to sell it then there isnt going to be a deal.I dont think theres any point (in a bid). If you had such a clear me sage that the current owners dont want to meet with a prospective buyer then I think youve got to say theres no purpose in tabling a bid.The Glazer family angered fans by crippling the club with ma sive debts and interest charges during their hostile takeover in 2005. The debt reportedly now stands at over 1bn. Furthermore, the 80m raised by the sale of Cristiano Ronaldo to Real Madrid last summer has yet to be reinvested in players, leaving doubts in the minds of many fans whether or not there is actually any money available to strengthen a team which only won the Carling Cup last season.Downhearted fans were given hope early this year when a group of wealthy busine smen and United fans formed a consortium, labelled the Red Knights. Their plan was to use their contacts to find a number of super-investors to raise the funds to buy the club from the Glazer family. Although most of their members are not known by name and simply as Red Knights, Keith Harris insists that all the potential investors are Man Utd fans and have the best interests of the club at heart.Although the Glazer family have not changed their no sale stance, following todays interview it appears the Red Knights now have.Back in January when news of the Red Knights group first emerged, Keith Harris said,They are probably highly geared in their busine s activities in America so, if this is an opportunity for them to take the money and go, I would hope they would listen carefully to that offer, providing the money can be raised and I am confident it can be.In February, Harris appeared in a bullish mood when he called for United fans to stop spending money on tickets and merchandising.I would not talk about this if I didnt have full confidence in our ability to raise the money to do this. I never talk publicly unle s I have confidence. Getting the money together is the easy bit, but we cant make an offer until the Glazers are placed in a position where they are forced to consider it.The fans reacted accordingly with only 50,000 season ticket holders taking the option to renew, for the first time in years, although United chief executive David Gill denies numbers have dropped and said the club were happy with the way sales have gone. The well-publicised green and gold campaign became a regular sight at Old Trafford towards the end of last season and were even spotted in South Africa at this summers World Cup finals. During the Champions League clash with AC Milan, returning hero David Beckham was seen sporting a green and gold scarf at full-time, although he has since denied knowledge of the campaign.Things took a turns for the worse in June when the Red Knights announced plans to bid for the club would be put on hold, blaming inflated valuation aspirations after the Glazers again released a statement saying they were still committed to the long-term ownership of the club and have no plans to sell.Todays latest news will surely leave United fans wondering whether they will ever be able to rid the club of owners that dont want to sell.Personally, I put the blame at the feet of the millions of fans worldwide who continue to buy replica shirts and other merchandise, and to the rest of the match-going fans that believe that if they give up their seat at Old Trafford then somebody else will happily fill it.Im of the opinion that Keith Harris and the Red Knights have the funds available, but unle s the money stops rolling in and panics the American owners, then they are just going to find themselves facing a closed door repeatedly. If the fans stop handing the Glazers money, then the value of the club will inevitably fall.The Glazers may well look to offload their star players and maybe even Old Trafford itself to raise funds before they are forced to sell, which leaves the million dollar question for fans; would you rather Manchester United be succe sful in the short-term or safe in the long-term?I know what my answer is. Christian Mccaffrey Jersey

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