Trouble in Paradise
March 9, 2010
Following the news that a group of wealthy fans, dubbed the ‘Red Knights’, are planning a takeover move for Manchester United, Alex Ferguson has moved to quickly quash rumours that he is himself putting some of his personal fortune behind the bid. Ferguson has left no doubt in his response to this by saying that the rumours are “absolute rubbish – there is not an ounce of truth in it”.
Reported debts in the region of £700 million is of great alarm to fans, who were used to a profitable club before the Glazer family bought the club. This has caused many of the United fans to resort to wearing the yellow and green of Newton Heath – a direct protest against the money problems at the club. Although Ferguson has previously said that he did not mind the United fans showing their displeasure, the manager will not be putting his money behind the bid.
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