Gill thinks long term
Manchester United chief executive David Gill has said fans should not fear the club going down the same road as Liverpool despite losses of £83.6million.Fans' group Manchester United Supporters' Trust (MUST) say the "clock is ticking" on the Glazer family's ownership of United and that a similar outcome to Liverpool could arise but that is denied by the club's senior executive.Gill told Press Association Sport: "I can't speak for any other club but the United fans should not be concerned."We have a long-term financing structure in place, excellent revenues that are growing, we are controlling our costs - total wages are 46% of turnover - and we can afford the interest on our long-term finance."In our opinion if something changed in the ownership this club will survive and continue - it is covering the financing cost more than adequately."We still have cash to invest in players and to give good contracts to players and we are comfortable with the business model."
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