"The hearing concluded that nature and intention of the disputed June 13 2007 letter, especially when taken in context of verbal discussions and Manchester United's transfer policy, was unambiguous in that it envisages only an international transfer," read a Premier League statement.
"Furthermore the hearing finds the letter constitutes an 'agreement to agree', and did not create an obligation or binding agreement for the club to transfer the player to any particular club.
"In other words the letter is evidence of an intention to negotiate, both between the parties and with potential buying clubs, and not evidence of any intention to create legal relations."