Source: Daily_Mail
Sir Alex warns rivals City and Chelsea: You're heading for financial meltdown
Manchester United boss Sir Alex Ferguson has warned that rivals Manchester City and Chelsea are at risk of financial disintegration in the future.[LNB]Ferguson claimed that Premier League clubs funded by wealthy owners could be living on borrowed time.[LNB]He said: 'I think there is an awful lot of expenditure and you say to yourself: 'Where is it going to end?[LNB] Warning: Manchester United manager Sir Alex Ferguson has spoken out about rivals Manchester City and Chelsea[LNB]'That is exactly what was happening in the business world two years ago. There were warning signs and everyone knew there were, yet they carried on because it was so easy to access loans.[LNB]'In the football world you say to yourself the warning signs are there, but nobody seems to be bothering about it. You wonder where it's going to go and what is going to happen if one major club are to go, to collapse.[LNB]'People are treating football as an item for themselves, owning clubs with untold wealth, that you wonder if it is really good for the game or good for that particular club.'[LNB]Ferguson has traded blows with neighbours City since the summer after United's neighbours signed former Old Trafford forward Carlos Tevez and a host of other big names in order to have a tilt at the league title.[LNB]Retaining the hunger: Sir Alex celebrates United's dramatic late winner in last month's Manchester derby[LNB]Despite the United's owners the Glazer family carrying debts in the region of £700m, Ferguson believes United will survive and prosper in the future because the football club itself continues to turnover huge profits.[LNB]City and Chelsea, meanwhile, are more dependent on their owners to fund transfers and pay wages.[LNB]'The clubs involved cannot complain because they see a possibility of richer rewards ahead,' Ferguson added.[LNB]'That has got to be the carrot. But it is not easy winning things, definitely not easy - and they'll soon find out.'[LNB]In an interview with Manchester Metropolitan University's magazine - published on Friday - Ferguson has also revealed that at times he does question how much longer he can keep going in top flight management.[LNB]'Sometimes I wonder whether I will be here in three or four years,' he said.[LNB]'Other mornings I wake up and say: 'Have I done enough?[LNB]'Then I get into the training ground and see the young lads and players in training sessions and you know how much you love it. It is a fantastic football club. I have a young and new team and I want to see that mature.[LNB]'It is not easy in the modern world because you hear of people retiring at 45 or 50. I'm 67 and have never had one day off since I became an apprentice at 16.[LNB]'Working hard is a great quality. It is rewarding, self-satisfying and brings you self-esteem. No one but yourself can judge what it means to you.'[LNB] Smart Alex! My boss is right over ref rage, says United skipper NevilleWenger wades into ref rage: Fitness isn't the issue, over-familiarity isSir Alex set to have Hargreaves back for Manchester United against ChelseaMANCHESTER UNITED FC
