Fergie: Back off the Glazers. They're doing a great job! Supporters are still angry over United owners putting club £425m in debt, but manager denies problems

Posted Sunday, July 22, 2012 by Dailymail

Sir Alex Ferguson has launched a passionate defence of the Glazer family, insisting: ‘They have always backed me whenever I have asked them for anything.’

In a far-reaching interview here at the first phase of the team’s strenuous pre-season programme, the Manchester United manager rubbished suggestions that the mountainous debt incurred by the American owners of the club was hampering his buying plans.

‘I’m absolutely comfortable with the Glazers situation. They’ve been great,’ he said. ‘So if you’re asking me for my views, I don’t have any complaints.

Fergie: Back off the Glazers. They're doing a great job! Supporters are still angry over United owners putting club £425m in debt, but manager denies problems
Relaxed: Sir Alex Ferguson has no concerns about the Glazer family

‘I’ve never encountered opposition. They’ve always been as sensible as they can be in terms of financing the team, and they have to invest in the team to maintain the value of their asset.’

The fiercely strong anti-Glazer feeling among United’s rank and file following has grown with the recent revelation that the family are trying to float the club on the New York Stock Exchange in order to raise about £200million to help relieve the debt built up in buying United seven years ago.

That currently stands at £423m, with the club having spent more than £500m on interest, debt repayments and fees since 2005.

‘I think there are a whole lot of factions at United that think they own the club,’ said Ferguson. ‘They will always be contentious about whoever owns the club, and that’s the way it has always been.

‘When I came to the club, Martin Edwards was always getting pelted because he was going to sell to [Robert] Maxwell, then to [Rupert] Murdoch, Michael Knighton, and when they became a plc there was disaffection.

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