Football

Gill: United will not sell Old Trafford

Published Add your comment

Manchester United chief executive David Gill is adamant Old Trafford and the club's Carrington training base will never be sold to raise funds.

United have come under intense scrutiny in recent weeks as details of their financial structures have been made public. Amongst the most contentious issues contained in a prospectus for an ultimately successful £504million bond issue was confirmation that Carrington and Old Trafford could be sold and then leased back to the club.

But Gill told radio Five Live: "I can categorically confirm Carrington and Old Trafford will never be sold to raise funds."

He added: "The sale and lease back opportunity for Carrington within the bond document is done for financial and tax planning.

"Manchester United will continue to have complete control over that asset and if it ever happened it would be for a peppercorn rent if it happens.

"But I am 100% convinced the sale and lease-back of Old Trafford will never happen under the Glazer ownership. I say that unequivocally, with no hesitation."

Meanwhile Gabriel Obertan's agent has dismissed reports the winger is set to leave the club.

Reports have suggested Obertan, who has struggled for playing time since his summer arrival from Bordeaux, is set for a loan move with Turkish outfit Fenerbahce said to be interested.

However, his agent insists the 20-year-old is staying put.

"He's staying at Manchester United," Karim Djaziri told L'Equipe.

Copyright (c) PA Sport 2009, All Rights Reserved.

Do YOU want to write for GiveMeSport? Get started today by signing-up and submitting an article HERE: http://gms.to/writeforgms

Topics:
Football
Premier League
Manchester United
Gabriel Obertan

Article Comments

Report author of article

Please let us know if you believe this article is in violation of our editorial policy, please only report articles for one of the following reasons.

Report author

DISCLAIMER

This article has been written by a member of the GiveMeSport Writing Academy and does not represent the views of GiveMeSport.com or SportsNewMedia. The views and opinions expressed are solely that of the author credited at the top of this article. GiveMeSport.com and SportsNewMedia do not take any responsibility for the content of its contributors.

Want more content like this?

Like our GiveMeSport Facebook Page and you will get this directly to you.

Already Subscribed to Facebook, don't ask me again

Follow GiveMeSport on Twitter and you will get this directly to you.

Already Following, don't ask me again

Like our GiveMeSport Page and you will get this directly to you.

Already Subscribed to G+, don't ask me again