Sorry Val a double post ..i know .. but I can't hold this one back ..and it is a Man U essay..


You know when David Gill, Manchester United chief executive is telling porkies , it?s not that his nose is protruding ever further outwards from his face, no it?s the fact that the debts of the club's parent firm, Red Football Joint Venture stand at a staggering ?716.5m confirmed in accounts submitted for year ending June 2009, this huge sum triggers interest amounting to ?45m a year, it?s the astonishing statement made to sports week that due the gasps of disbelief , Gill said the club has no financial reasons to sell any players, including Rooney, while in the same breath gave no indication how this sum was to be met!!

To understand the Greedy Glazers full on, one needs to look back to May 2009 and take a hard look into alleged financial maneuvering connected to the Glazers ownership of Tampa Bay Buccaneers and the pitiful spectacle of Joel Glazer being forced to explain his rationale regarding Tampa and the acquisition of new players. "Sometimes you can throw money at a situation and it can get you in trouble. We are big believers in building a sustainable franchise that is going to be in competition for many years for the ultimate prize,"?

Pinocchio would not have had the balls to come out with that concentrated load hobbledybollocks wooden or not, there is a wage cap in the NFL, this is to ensure and inject an element of competition, so all 32 teams can have the same chance of success. Last year's wage cap was US127m, at the start of the transfer period last February the Buccaneers had nearly US62m of cap leverage, the most of any team in the US. The Glazers had no intension of investing to make the team competitive for the season, a stunning decision in the few weeks between the season's completion and the start of the transfer window, they dispensed with the services of general manager Bruce Allen, Super Bowl-winning head coach John Gruden and five high salaried veterans, and according to my favorite American Football guru Danny, arguably the Clubs best ever player, the linebacker Derrick Brooks?..

A tip for Danny?...It isn?t football if the players pick up the ball?.I keep drawing him pictures but he?s still in denial.

With the best players in free transfer signed up, the Tampa Bay Buccaneers still had approximately US30m left sitting unspent, the most in the entire league, wage-cap ?space? and actual cash are completely different and gives a clear indication that the Glazers had run out of finance and had a serious cash flow situation.

In 2007 the team had a 145,000 waiting list for season tickets, that list has now dwindled to nothing, anyone who wants a season ticket can buy one.

Back in the UK, Manchester United's massive debt was being sold at a 30% discount by its holders because they believe that they may not be paid. Gill mentioned a 35m Euro bid for France striker Karim Benzema was refused, the very fact that this bid took place was a key indication Gill is prepared to consider selling Rooney. Gill also tried to play down the fact that the Glazer family, would sell Old Trafford or the club's Carrington training ground, however notes within the ?504m bond issue give a clear message that Carrington could be sold to a holding company controlled by the Glazer family and leased back to the club, by converting the money owed to banks into a bond, it means the club will be free of all the strict financial conditions imposed by lenders.

Rooney has gone on record that he is more than happy to stay at the club, on the other hand Gill has made no attempt to offer Rooney a new contract even though his current contract runs out in 2012?..Rooney "This is my club and I'm very happy here, my family live 30 minutes away. I'm perfectly happy and there is no reason to play my football anywhere else. Manchester United are the biggest club in the world."

Gill calls United massive debt?s a misconception ?astonishing, truly astonishing , since when has debts been misconceptions, especially when ?715,000,000??The fact is that the Glazers are taking more money out than they are putting in, there is no evidence at all on the balance sheet that the Glazers have committed any personal finance at all, in accounts for the year ending June 2009 show that six of Malcolm Glazer's children were each given loans worth ?1.67m from the parent company a bad practice, indicating poor governance of the company business also a further ?10m has been taken out of the club in "management and administration fees" in the past year.

Finally Chelsea owner Roman Abbramovich has issued an ultimatum to his clubs players stop dragging the clubs name through the mud or face ?severe disciplinary action? he called on Ron Gourlay to leave no doubt and tell the players at the clubs Surrey training headquarters, in attendance was club Manager Ancelotti, Gourlay let it be known what each and every player needed to take on board after more details emerged of the explicit texts Ashley Cole sent to Vicky Gough a secretary at Liverpool Football club ??.

And final words for Kayako ?Wenger ? Next time give us a Ref who?s competent??..One fact is very telling Referee Hansson did not make sure the free kick was taken in the correct spot?that has been confirmed ?