The Manchester United Supporters Trust (MUST) is set to reveal a report to the City that claims the Glazers' interest on their borrowing has reached a colossal £100m a year. The Glazer family recently transferred their debts which helped to finance the purchase of the club onto Manchester United and fans should be extremely concerned about the news, as no football club can stand crippling interest payments of this magnitude.
A spokesman for the Glazer family has predictably denied the report. No matter, the report will make interesting reading. This latest news comes on the back of several stories which have suggested that the Glazer family could be looking for a way of the mess which they have created by selling United on to someone who can afford it, without the need for the massive borrowing.
MUST wants the Glazer family to answer questions about the clubs future, but the Glazer family do not engage with the fans, this attitude is in marked contrast to the openess of Liverpool's new American owners, Tom Hick and George Gillett.
Manchester United supporters have already seen huge price hikes for season tickets since the Glazer family took control of the club and coming on the back of this latest report, fans will no doubt wondering exactly where the club is heading.
Showing posts with label Glazers. Show all posts
Showing posts with label Glazers. Show all posts
Sunday, September 09, 2007
Sunday, May 27, 2007
Have United screwed up again on talent spotting?
What do the following have in common: Dimitar Berbatov, Arron Lennon, Michael Carrick and Jermain Defoe? Yes, that's right they all were signed by Spurs, and the three Englishmen were signed relatively inexpensively, which belies the often used argument that top quality young players from this country cannot be bought cheaply...
Carrick as we know was eventually signed by United for a ridiculous £18.6m - once the signing was complete sources close to Spurs let the media know that they'd have accepted a lot less for a player that they'd signed for only £2.75m. So United had their collective trousers pulled down again over the fee by paying a hefty price for not spotting / acting on Carrick's potential earlier...
Move forward to the events of the last seven days and Spurs have signed yet another young British player in Gareth Bale, the transfer fee could eventually go up to £10m. Ok this time the fee isn't cheap, but have Spurs once again put up the cash to sign a player who may well prove to be good value. In signing Bale Tottenham have backed their manager who in turn has had the nerve to back his own judgement on a very good young Welsh player.
I'd actually argue that Spurs did the same with Michael Dawson - who by the way is another player like Bale who was linked strongly to United before eventually signing for the North London club.
With question marks hanging over the future of Heinze, who is tipped to leave this summer, it raises further question marks about United's ability to act decisively in the transfer market when such obvious young talents like Bale become available, because if indeed Heinze does go this summer then it leaves the Red's with only Patrice Evra and maybe Silvestre for the left back slot, but Silvestre is tipped to leave too.
Has Fergie cocked it up again by not signing Bale? Time will tell, but there has been suggestions coming out of Old Trafford that Fergie believes Bale will be a winger - this has all the hallmarks of an excuse actually.
Smoke and mirrors aside, Ferguson also needs to sign two strikers, as Saha is expected to be turfed out and of course there's the long-winded transfer of Hargreaves to complete - which has gone strangely quiet.... perhaps there's issues over cash being avialable to the manager, and perhaps that is the real reason United didn't try to sign Bale?
Will the Glazers back Ferguson in the summer transfer window or not?
Carrick as we know was eventually signed by United for a ridiculous £18.6m - once the signing was complete sources close to Spurs let the media know that they'd have accepted a lot less for a player that they'd signed for only £2.75m. So United had their collective trousers pulled down again over the fee by paying a hefty price for not spotting / acting on Carrick's potential earlier...
Move forward to the events of the last seven days and Spurs have signed yet another young British player in Gareth Bale, the transfer fee could eventually go up to £10m. Ok this time the fee isn't cheap, but have Spurs once again put up the cash to sign a player who may well prove to be good value. In signing Bale Tottenham have backed their manager who in turn has had the nerve to back his own judgement on a very good young Welsh player.
I'd actually argue that Spurs did the same with Michael Dawson - who by the way is another player like Bale who was linked strongly to United before eventually signing for the North London club.
With question marks hanging over the future of Heinze, who is tipped to leave this summer, it raises further question marks about United's ability to act decisively in the transfer market when such obvious young talents like Bale become available, because if indeed Heinze does go this summer then it leaves the Red's with only Patrice Evra and maybe Silvestre for the left back slot, but Silvestre is tipped to leave too.
Has Fergie cocked it up again by not signing Bale? Time will tell, but there has been suggestions coming out of Old Trafford that Fergie believes Bale will be a winger - this has all the hallmarks of an excuse actually.
Smoke and mirrors aside, Ferguson also needs to sign two strikers, as Saha is expected to be turfed out and of course there's the long-winded transfer of Hargreaves to complete - which has gone strangely quiet.... perhaps there's issues over cash being avialable to the manager, and perhaps that is the real reason United didn't try to sign Bale?
Will the Glazers back Ferguson in the summer transfer window or not?
Sunday, May 20, 2007
Summer transfer speculation hots up: First United signing in the bag?
According to the latest news United are about to capture long term transfer target Owen Hargreaves in a move that will cost the Red's around £17m.
Here at United blog towers, we believe Hargreaves will be a great signing, because unlike some of Fergie's more recent signings like Djemba-Djemba and Kleberson, Owen is the real deal, he's an all round midfield player who has a great engine, he can also pass, tackle and score goals.
If United want to go one further next season and win the Champions league then strengthening the midfield is vital, the same applies to the forward line. United also need to sign not one, but two strikers, as it's likely that Saha will be sold due to his almost always constant injury status. United do not want to be in the same position as they found themselves in last January when they were scratching around for strikers like some mid-table second rate club. The big question is, how far does the Glazers ambition stretch in terms of giving the manager the spending power required to match and keep up with Chelsea?
Here at United blog towers, we believe Hargreaves will be a great signing, because unlike some of Fergie's more recent signings like Djemba-Djemba and Kleberson, Owen is the real deal, he's an all round midfield player who has a great engine, he can also pass, tackle and score goals.
If United want to go one further next season and win the Champions league then strengthening the midfield is vital, the same applies to the forward line. United also need to sign not one, but two strikers, as it's likely that Saha will be sold due to his almost always constant injury status. United do not want to be in the same position as they found themselves in last January when they were scratching around for strikers like some mid-table second rate club. The big question is, how far does the Glazers ambition stretch in terms of giving the manager the spending power required to match and keep up with Chelsea?
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