Saturday, October 9, 2010

No Star Player Sales Despite ManU's losses

Posted by Schayan on 2:45 AM 0 comments

Manchester United chief executive David Gill has said there is no pressure on the club to sell any of their star players including Wayne Rooney.


Gill said the club would still prefer to have "Cristiano Ronaldo on the pitch than £80million in the bank" as proof of their desire to keep players. He said: "There was no desire at all from anyone at the club to sell Cristiano - he wanted to go and as a result we managed to extract a world record fee."


Gill said Manchester United has enough cash in the bank to give reasonable contracts to several new players.



Fans' group 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 despite losses of £83.6million.Although United's group operating profit topped £100.7million, after player-related costs, interest payments and a number of expensive one-off costs related to the bond issue, overall there was a record loss for the club.



The Manchester United Supporters' Trust (MUST) claimed the results highlighted how well off United would be without the interest payments.
A MUST spokesman said: "Imagine how successful we could be without the millstone that is the Glazers' ownership."
MUST said the club was now "extremely vulnerable" if there was any fall in revenue.
The spokesman added: "When Sir Alex retires the chances of maintaining anything like the same level of success look remote without massive investment. So the clock is ticking for the Glazers - and for the supporters too."


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