Friday, May 28, 2010

SAF You have money to spend at Transfer Market :David Gill


Gill: Sir Alex is not restricted financially
It is five years ago this month that David Gill led the final doomed boardroom stand at Manchester United against the Glazer family's takeover. He was the chief executive who went overnight from running a business that was debt-free to one that now supports £504m of the total £716m debt that the American owners borrowed in order to buy the club. Five years later, three Premier League titles and one Champions League trophy down the road, the Glazers are still reviled by the most vocal elements of the club's support, most notably the fans who wear the green and gold of Newton Heath in protest. Gill, once the hero of the supporters' groups for standing up to the Glazers, now finds himself a target for their anger.  In his most detailed interview yet, the man at the centre of United and the controversial Glazer regime spoke exclusively to The Independent about why he thinks United can still prosper. "The money is there," insists Gill. "People say Alex is saying that because he has to. Anyone who knows Alex Ferguson knows he wouldn't say that if he didn't mean what he said. The money is definitely there. The results for the quarter ending 31 March will show the figures are about £95m cash. We are not in a situation whereby Alex is restricted in what he wants to do with the club and his modus operandi as a manager. We have never said: "You can't do that, we have to pay interest [on the debt]." I can look you in the eye and say that. He would say exactly the same thing. People don't believe it. We never said to him: "You can't go for that player because he's too much."
Sam Wallace, The Independent

All the papers report that United have completed the deal to sign Javier Hernandez after the Mexico striker was granted a work permit. His transfer from Chivas will now through on July 1 as revealed on ManUtd.com on Thursday.


Source: Manutd.com

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