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Glazers’ interest has cost Manchester United £260million so far

Manchester United's anti-Glazer faction have claimed the controversial owners have landed the club with a £260million interest bill since they took control in 2005.

The staggering sum includes the £41.9million paid out in interest in the year to June 2009, which contributed to turning what would have been a huge profit of £91.3million into a 'mere' £48.2million — a sum bolstered by the world-record £80million transfer fee received from Real Madrid for Cristiano Ronaldo.

It means that while as a pure day-to-day business, United are more streamlined and profitable than any club in the world, their financial model is dragged down by the huge costs incurred when the Glazers completed their £790million buyout.

The Manchester United Supporters' Trust (MUST), who are regular critics of the Glazer family, have responded in predictable fashion.

“Most supporters have had enough,” said MUST chairman Duncan Drasdo. “The day the Glazers put the club up for sale you can expect celebration on the streets of Manchester.”

Belfast Telegraph