Although Manchester United have nearly doubled in value since Malcolm Glazer purchased the club for £800 million back in May 2005, they still had a debt of £437 million as of June 30. Sir Alex Ferguson has nevertheless been quite active in the transfer market this summer, spending well over £50 million on new players for the squad.
Apparently, it´s not all doom and gloom at Manchester United. Old Trafford supremo Sir Alex Ferguson has bought Nick Powell from Crewe Alexandra for a fee of £4 million, Shinji Kagawa from Borussia Dortmund for a fee of £17 million, Alexander Buttner from Vitesse for a fee of £4 million, Robin van Persie from Arsenal for a fee of £24 million and Angelo Henriquez from Club Universidad de Chile for a fee of £4.5 million.
David Gill: “In terms of commercial revenue, there is a lot to go for and the world is a big place. Other clubs will follow us and look at us but what we have done since our owners have taken over is put a lot of money into this area. There are a lot of clubs out there but, in terms of what we have done, we´re far ahead of them. They´ll try and emulate us and some will succeed, others won’t, but it isn’t easy to do what we have done. It looks easy but it isn’t.”
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