Tuesday, January 12, 2010
Glazers 'milking' United, but Fergie insists he has money to spend...
It was only last week that Ferguson told the world he still has the Ronaldo money to spend on new players. A week later and those claims look even more laughable following publication of the latest set of accounts from Red Football, the company owned by the Glazer family who in turn own United. Those accounts reportedly confirm that the Glazer family and their 'affiliates' have troused a cool £10m for 'management and administration fees"' plus another £10m in loans taken out by six members of the Glazer family. You wonder what Fergie makes of it all.
Posted by James Ryddel - Editor at 3:50 pm