Thursday, July 16, 2009

Norman Hubbard: 'United factor' provides funds



It has hardly been a summer to cheer many Manchester United fans, but this may have been a break to gladden the hearts of the Glazers. The Premier League champions' absentee owners require a vast income to service their debts after borrowing heavily to buy the club. The transfer window has, so far, revealed one guaranteed revenue stream. Selling Cristiano Ronaldo ensured the small matter of a £68m profit although, while he has pronounced himself reluctant to spend again this summer, that is apparently at Sir Alex Ferguson's disposal.

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