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Last Updated: Sunday, 9 September 2007, 13:54 GMT 14:54 UK
Glazers rebuff Man Utd debt claim
The Glazers say they are not interested in selling the club
The Glazers say they will remain at United for the long term
The Glazer family have dismissed accusations that debts at Manchester United are spiralling out of control.

A report from the Manchester United Supporters Trust says interest payments have risen to 100m a year on the loan the Glazers took out to buy the club.

"The story is inaccurate," said a spokesman for the Glazer family. "Nothing has changed.

"The debts continue to be comfortably serviced by the business, which is performing better than ever."

606: DEBATE

The spokesman added: "As always there have been substantial funds for the manager to purchase players over the summer."

United bought Anderson, Nani, Owen Hargreaves and Carlos Tevez in pre-season for a combined cost believed to have exceeded 50m.

The Glazers completed a 790m takeover of United in 2005 and they recently denied they were going to sell the club after reported interest from buyers in China and Dubai.

The Manchester United Supporters Trust is set to officially unveil its report on Monday.



SEE ALSO
Glazers deny Man Utd sale story
25 May 07 |  Business
Glazers aided title push - Gill
07 May 07 |  Man Utd


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