Sir Alex to sell entire second string to help ease Old Trafford financial crisis?
MANCHESTER UNITED will be forced into a drastic summer clearout to help keep their massive £716m debts in check. And stars Michael Owen and Ben Foster are likely to be the biggest names to be on their way.
Sir Alex Ferguson will be told to axe 10 to 15 players as Manchester United look to trim their budget in light of their current financial problems Those players will in club’s young professionals in addition to more established stars who Ferguson deems surplus to requirements.
United have close to 50 professionals on their books and the club’s money men have identified the size of the club’s first-team squad as the way to cut costs.
The news is likely to anger already frustrated United supporters who have become disillusioned by the Glazer family’s cash-grabbing reign at Old Trafford.
Thousands of United fans are furious with the club’s American owners for dumping the massive debt on the club since their United takeover in 2005. The Glazers have raised just over £500m through a bond issue to help keep the club’s spiralling debts under control, but that has cast doubts over United’s longterm financial future.
Ferguson has always insisted United’s problems off the pitch would not affect his spending power to improve the club.
But the summer clearout is the first example of how the worrying debt is effecting issues on the field. Owen and Foster will be part of the fire sale. Starsport has learned that Anderson was due to be part of the clearout, but the Brazil international’s cruciate ligament injury could force United into shelving plans to cash in on the midfielder.
But Nani, Owen Hargreaves and Gabriel Obertan could all face the chop.
The jury remains out on Bulgaria striker Dimitar Berbatov, but United are likely to keep hold as they wouldn’t be able to recoup anywhere near the £30m they paid Tottenham for him.
A number of United’s promising youngsters including Tom Cleverley, Craig Cathcart (both Watford), Danny Welbeck (Preston) and Zoran Tosic (FC Cologne) are currently out on loan and could also leave. (Daily Star)
There is a slight, and I mean that in an ironic sense, a slight chance that The Daily Star has got just a little carried away. They have put two and two together and come up with 37. Yes Manchester United have some severe financial concerns, but will they sell 10-15 players this summer, quite simply, no.
There is no doubt that some players may well be on their way to an Old Trafford exit and the likes of Ben Foster and Zoran Tosic may well be on their way. But it does seem highly unlikely that in form Nani is going to be offloaded, and Gabriel Obertan? He only just arrived at Manchester United.
The Glazers have put the Premier League champions in a potentially crippling financial footing, but not even the insane owners of the club would attempt to cover the massive debt with these kind of player sales, apart from anything, it is clear that even if all the players named were sold they wouldn’t fetch a tenth of the £700m+ debt.