UK time is: 11:06:30
Vital Login
Social Login

Choose your club

Other Sites

Network Navigation

Vital Partners

'If It's Football, It's Vital'

United Have Well Over £100M In The Bank

David Gill made an attempt to ease the fans' concerns over the mounting debts, claiming that Sir Alex does have money to spend in the transfer market, as shown by the summer bid for Benzema and the signing of Chris Smalling from Fulham.

'We used £15million to buy Antonio Valencia and we have well over £100m in the bank sitting there.

'People look from the outside and say Alex has been under pressure. I think everyone who has dealt with Alex or seen him in the press knows he will not compromise what he wants to do for this club.

'If I went to Joel Glazer and said 'Alex wants a particular player, can we have the money?' The answer would be an unequivocal yes. They have demonstrated it.

'We didn't get Benzema but we did offer 35m euros.'


The last part is surely true: Lyon themselves said United had made an offer and Benzema also mentioned something. But well over £100m in the bank to spend on players? Quite simply, the figures do not add up even for and I'm no expert at finances. Quite simply, judging by the bond release, the summer activity, the financial reports one has to conclude that we have to be extra careful about our spending and we certainly can't splash £100m out on players.




Use your social login to comment on front page articles. Login using you Facebook, Twitter, Google or LinkedIn accounts and have your say!



Click here to join in the debate on the club forum.

The Journalist

Writer: Zae Mail feedback, articles or suggestions

Date:Sunday January 31 2010

Time: 11:13AM

Your Comments

We probably have got £100m in the bank. Its not our £100m, as its probably in the form of a loan which will just add to our debt. But technically, he probably isnt telling a lie.
tuscan3000
If we have the money - why havnt' we bought David Silva or David Villa?
niteworlok
i don't think david villa would be good for the system that sir alex wanted to play this season or silva.... I think sir alex's plan for this season is unfolding as players like rooney and nani start maturing and hopefully soon anderson....we really don't need anyone else....
ibrahiy
I don't think not buying silva and villa is an indication of our finances. David Villas game is about pace, movement and finishing. His age means he will only get slower. You cant say either way how he would cope with the physicality of the premier league and having another small guy up front just makes us more one dimensional. At his age and price he is a massive gamble for any premier league team. Apart from having age on his side, you'd say the same about Silva (although I reckon he'd be the better signing of the two). I think the fact that both are still at Valencia says everything you need to know about why we didnt try to buy them. If they were that special City, Chelsea, Pool or Arsenal would have at least made a bid.
tuscan3000
I would like to see a midfielder come before transfer window closes - but I dont think we will!
Lets see what happens though!
niteworlok
the words smoke and mirrors immedietly spring to mind. 100m of extra debt maybe but anyone with eyes in his head can see that sir baconface is on a very tight budget. your minister of propoganda mr gill is not fooling anyone eccept those who want to be fooled . so lets all pretend that everythings hunkey dorey at the theatre of debt. after all the top brass would not lie to you would they
FERGIE SIGN HIM UP
wheres this 700million debt come from then?
radders1990
 

Have Your Say

Log in...
with your social network     OR     with your Vital account

Recent Manchester United Articles

The Shirt off Your Back! (Saturday September 20 2014)

Will They Sell? No! (Saturday September 20 2014)

United Target is Staying in Milan! (Friday September 19 2014)

Juventus Interest Cooled! (Thursday September 18 2014)

Something Missing! (Wednesday September 17 2014)

Yet More Ronaldo Intrigue! (Wednesday September 17 2014)

Looking at 15 Years! (Wednesday September 17 2014)

Rooney Ends Feud (Wednesday September 17 2014)

Di Maria in Exulted Company (Tuesday September 16 2014)

Biding his Time (Tuesday September 16 2014)

Archived Manchester United Articles

List All Vital United Articles
Have your say
Click here to suggest an article
Click here to suggest a poll

Vital Members League (view all)

League Results (view all)

Latest Results
Man Utd 4 - 0 Q.P.R.
Burnley 0 - 0 Man Utd
Sunderland 1 - 1 Man Utd
Man Utd 1 - 2 Swansea

League Table (view table)

Team P W D L GD Pts
8. West Ham 5 2 1 2 1 7
9. Hull City 5 1 3 1 0 6
10. Liverpool 5 2 0 3 -1 6
11. Man Utd 4 1 2 1 3 5
12. Everton 4 1 2 1 -1 5
13. Leicester City 4 1 2 1 -1 5
14. Stoke 5 1 2 2 -1 5

Breaking League News

Meanwhile…on the other side!
» Chelsea : 21/09/2014 11:04:00
Don`t You Provoke Me!
» Chelsea : 21/09/2014 10:58:00
Newcastle Utd 2-2 Hull
» Hull City : 21/09/2014 10:51:00
Match Day Moments - Manchester City (a)
» Chelsea : 21/09/2014 10:48:00
» West Ham : 21/09/2014 10:37:00

Current Site Poll (view all polls)

Leicester City v United?
Suggested By:  Red Boy
Leicester to win! 0%
United to win! 90%
Score Draw 10%
0-0 Draw 0%