Manchester United’s owners have made the first steps to paying off the clubs massive debt.
According to The Guardian, “Joel Glazer has issued a ‘voluntary free-payment notice’ to the lending houses that stumped up the loan confirming it will be paid off in full.”
This unexpected step will go some way to relieving the pressure on the owners from the fans, although it is still unclear where the money to pay the £220m PIK loans is coming from.
The most important thing for many fans will be that no more money leaves the club.
Rooney to return.
Sir Alex Ferguson has confirmed that Wayne Rooney is ready to return to the team.
With Dimitar Berbatov suffering a nine-game barren spell and Javier Hernandez still not up to the pace of the Premier League, Rooney is sorely needed by United. “Wayne’s had a very good week,” Ferguson told the Daily Telegraph, “He’s trained very hard and we’ve achieved what we wanted to achieve.”
United will hope that Rooney’s week of intensive training in the United States will have been just the trick to help in return to the electric form he was in until he injured his ankle in March.
Cristiano Ronaldo has suggested he may return to Old Trafford one day.
“To be honest I miss the Premier League a lot. Of course I have good memories about Manchester. I have good friends there and I miss them a lot, so you never know.” He told the Daily Mirror.
Ronaldo admitted that he is indebted to the Manchester Untied boss, “Sir Alex Ferguson is like a second father to me. He helped me a lot during the six years I was in Manchester, he taught me many things.”