Sir Alex Ferguson, the Manchester United manager, has come to the defence of the Glazer family, insisting criticism of the club owners is unfair.
The Americans, who took full control of United in 2005, are unpopular with a large section of the Old Trafford faithful despite United being the number one football club in the world on the Forbes Rich List with an estimated value of £1.18billion. However, the debt is over £700million.
Ferguson said that the owners have always backed him in the transfer market. “The debt has come through by the club being bought out by an owner,” said Ferguson. “You know full well that when a business is bought it's usually bought with debt," said Ferguson.
"Because it's a football club it seems to attract a more negative reporting from the media and from the fans.