M.U.S.T : Statement …
The Times article today shows that the Glazers’ debt - based on the family’s own leaked projections -will actually INCREASE from £656million now to £733million in 2012. Supporters will of course be forced to bear the brunt of this through further price rises that, at minimum, are expected to increase our out-of-pocket costs by more than one third. To put this in perspective, over £135 million in fees (£70 million) and interest payments (£65 million) will have left United by the end of this season.
If this £135 million had been used to benefit the Club it could have:
i) Paid for EVERY regular match-going supporter to watch EVERY home game at Old Trafford this season for FREE,
ii) Bought the equivalent of five Wayne Rooneys with change to spare, or
iii) Allowed a reduction in ticket prices to £15 for home games (just like the prices charged by our rivals in Germany, Italy & Spain) and still paid for TWO world class players.
As United supporters, we are revelling in our current form and are thrilled that we are playing “United style football” and are top of the league. But we cannot turn a blind eye to this cloud that hangs over our future, as there may come a time when our performance on the pitch will not save us from the banks.
