Sir Alex keeps quiet on Manchester United's mounting financial problems

16 January 2010 01:36
Sir Alex Ferguson failed to offer Manchester United fans any reassurances over the club's financial future.

At the end of a week when it emerged United, who have debts of £700million, are prepared to consider selling Old Trafford and their Carrington training ground, Ferguson refused to discuss fans' fears over the way United's American owners are running the club.

Bright spot: Sir Alex Ferguson took his United squad to a warm weather training camp in Doha this week

A statement read before Ferguson's weekly pre-match media conference claimed he was unable to comment on the Glazer family's plans to raise £500m through a bond issue because of 'regulatory requirements'.

But Sportsmail understands that City regulations would not have forbidden Ferguson making more general comments about United's alarming financial situation, or the revelation this week that the club would have made a loss last year were it not for the world record sale of Cristiano Ronaldo.

Ferguson's statement said: 'Because of regulatory requirements, the manager will not answer questions or provide any comment in regards to the proposed bond offer or any of the issues surrounding it.'

Two influential groups - Manchester United Supporters' Trust and the Independent Manchester United Supporters' Association - have called a meeting ahead of today's home game against Burnley to discuss the Glazers' ownership and their response to the bond issue.

 Manchester United to give Michael Owen a shot at World CupCSKA winger Krasic seeks United or Arsenal move after snubbing Manchester CityManchester City's wage bill soars to £82m a year


Source: Daily_Mail

World Cup Group G

Belgium 1 0 0 3 3
England 1 0 0 1 3
Tunisa 0 0 1 -1 0
Panama 0 0 1 -3 0
Last updated : 08:44