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Old 13-05-2005, 08:07   #3419
yesman
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Location: Cambridge
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Re: [Merged] Football talk

Interesting but not ideal

"Ferguson will be offered a long-term contract as part of a five-year plan," Harris told BBC Radio Five Live.

"In that plan, he will be given £100m for new players."

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This is the not ideal bit...................

"He needs 75% of the club's shares in order for him to use the assets of Manchester United to underpin his debt. The debt is his at the moment but once he has 75%, the debt is the club's.

"I have spoken to the bankers who represent Glazer and they say will get to 75% on Friday. He is pretty much home and dry."

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