Belfast Telegraph

Thursday 24 July 2014

Fergie defends unpopular Glazers

Sir Alex Ferguson

Sir Alex Ferguson has launched a stout defence of Manchester United owners the Glazer family.

While United are the number one football club in the world on the Forbes Rich List with an estimated value of 1.84billion US dollars (£1.18billion), the debt is over £700million. That is a concern to United supporters and has put the Glazers in the firing line of the Green and Gold protest movement.

But Ferguson said: "The debt has come through by the club being bought out by an owner. You know full well that when a business is bought it's usually bought with debt."

He added: "Because it's a football club it seems to attract a more negative reporting from the media and from the fans. But Manchester United football club, when it went plc, it was always going to be bought. It was inevitable.

"So when a particular family like the Glazers have bought it, it's unfair they come in for criticism because anybody could have bought it.

"I have to say they've done their job well. They support myself, the manager, they've supported the players. I've never been refused when I've asked for money for a player.

"So what can I do other than carry on the way we're doing it and the way I'm allowed to carry on, I've no complaints."

In an interview with CNN, Ferguson also spelt out his intention to carry on at the helm as long as he remains healthy. At 68, he is heading into his 24th season at Old Trafford where he has won 11 Premier League titles and two European Cups. The short-term aim is to wrest the crown back from Chelsea after they pipped his side at the post last season.

He said: "A lot of factors come into most important things. I'm at the right club, it's a fantastic club, it demands a challenge all the time.

"Every day, every year there's the challenge of being at the top and that helps me. I think you need good natural energy and I've been blessed with that."

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