We can buy who we want: Manchester United say debts will not hinder big transfers
What Fergie wants, Fergie gets – that’s the money-no-object claim being made by Manchester United vice-chairman Ed Woodward, despite the club’s £360million debt.
Woodward said Sir Alex Ferguson has been supported in his pursuit of every player he has wanted to buy and cited the signing of Robin van Persie as an example.
Woodward said: “Every single player Sir Alex Ferguson has wanted to buy he has been supported. Some have slipped through our fingers but we have never said that we cannot afford a player.
“Robin van Persie is a good example, one of the best players in the world and we easily had the financial capacity to do that.
“We have a pretty low level of leverage. Interest payments of £31million leaves a significant amount of money, around £76million and we decide what we do with that.
“We are very comfortable about the ability to fund the interest and there will be more income growth next year from the new Premier League media deal.”
Woodward revealed that India and Australia are both on a shortlist of countries for United to tour in the summer.
The club are also to open an office on the east coast of the United States to cash in on growing interest in football in North America.
Source: UK Mirror