GLAZER IS OUR SUGAR DADDY

Last updated : 05 October 2004 By editor
SU spokesman Sean Bones said:

'In the past David Gills has said that Manchester United do not need a sugar daddy. Malcolm Glazer is not even a sugar daddy - he is not a Roman Abramovich-type figure. He is going to have to take out loans to pay for all this, and who is going to end up paying them back?

"It's a terrible thing. We don't want a situation where the club is used as part of a loan deal. He will have to take out a large loan and the most likely way of repaying that will be increasing ticket prices. Supporters groups are linking together to defend the club. The focus of attention will be to call on all supporters to become shareholders. It will be much cheaper for supporters to own the shares and have an influence on the club. Supporters who hold shares want the profits to stay in the club and to go to the benefit of the team and stadium improvements while still having reasonably priced tickets.”

"The larger shareholders want profits to be taken away from the club."