Featured Matches
Previous
Arsenal
Besiktas
6:45 PM GMT
Leg 2Aggregate: 0 - 0
Game Details
Athletic Bilbao
Napoli
ESPNDeportes 6:45 PM GMT
Leg 2Aggregate: 1 - 1
Game Details
Bayer Leverkusen
FC Copenhagen
ESPN3 6:45 PM GMT
Leg 2Aggregate: 3 - 2
Game Details
Aston Villa
Leyton Orient
6:45 PM GMT
Game Details
Birmingham City
Sunderland
6:45 PM GMT
Game Details
Stoke City
Portsmouth
6:45 PM GMT
Game Details
Burton Albion
Queens Park Rangers
6:45 PM GMT
Game Details
Arsenal
Besiktas
6:45 PM GMT
Leg 2Aggregate: 0 - 0
Game Details
Athletic Bilbao
Napoli
ESPNDeportes 6:45 PM GMT
Leg 2Aggregate: 1 - 1
Game Details
Bayer Leverkusen
FC Copenhagen
ESPN3 6:45 PM GMT
Leg 2Aggregate: 3 - 2
Game Details
Ludogorets Razgrad
Steaua Bucuresti
ESPN3 6:45 PM GMT
Leg 2Aggregate: 0 - 1
Game Details
Malmo FF
SV Salzburg
ESPN3 6:45 PM GMT
Leg 2Aggregate: 1 - 2
Game Details
Aston Villa
Leyton Orient
6:45 PM GMT
Game Details
Birmingham City
Sunderland
6:45 PM GMT
Game Details
Bradford City
Leeds United
6:45 PM GMT
Game Details
Burton Albion
Queens Park Rangers
6:45 PM GMT
Game Details
Stoke City
Portsmouth
6:45 PM GMT
Game Details
Los Angeles Galaxy
DC United
2:30 AM GMT
Game Details
León
Herediano
12:00 AM GMT
Game Details
Municipal
Pachuca
2:00 AM GMT
Game Details
Cobresal
General Díaz
9:00 PM GMT
Leg 2Aggregate: 1 - 2
Game Details
Independiente del Valle
Trujillanos
9:00 PM GMT
Leg 2Aggregate: 1 - 0
Game Details
Libertad
Nacional Potosí
11:30 PM GMT
Leg 2Aggregate: 0 - 1
Game Details
River Plate
Universidad Católica
11:30 PM GMT
Leg 2Aggregate: 1 - 0
Game Details
Atlético Nacional
Deportivo La Guaira
2:00 AM GMT
Leg 2Aggregate: 0 - 0
Game Details
Alianza Lima
Barcelona
2:00 AM GMT
Leg 2Aggregate: 0 - 3
Game Details
Atletico Rafaela
Newell's Old Boys
8:00 PM GMT
Game Details
Rosario Central
Godoy Cruz de Mendoza
8:00 PM GMT
Game Details
River Plate
Defensa y Justicia
10:15 PM GMT
Game Details
Estudiantes La Plata
Boca Juniors
12:30 AM GMT
Game Details
Irapuato
U.A.N.L
12:00 AM GMT
Game Details
Morelia
Celaya
ESPNDeportes 12:00 AM GMT
Game Details
Oaxaca
Chiapas
12:00 AM GMT
Game Details
Atlas
Mineros de Zacatecas
2:00 AM GMT
Game Details
Correcaminos
Santos
2:00 AM GMT
Game Details
UNAM
Mérida
2:00 AM GMT
Game Details
Zacatepec
Guadalajara
ESPNDeportes 2:00 AM GMT
Game Details
América RN
Atletico Paranaense
10:30 PM GMT
Leg 1
Game Details
Cruzeiro
Santa Rita
10:30 PM GMT
Leg 1
Game Details
Botafogo
Ceará
1:00 AM GMT
Leg 1
Game Details
Bragantino
Corinthians
1:00 AM GMT
Leg 1
Game Details
Coritiba FBC
Flamengo
1:00 AM GMT
Leg 1
Game Details
Palmeiras
Atlético MG
1:00 AM GMT
Leg 1
Game Details
LDU Quito
Deportivo Quito
12:15 AM GMT
Game Details
FC Seoul
Pohang Steelers
0
0
FT-Pens
Leg 2Aggregate: 0 - 0
Game Details
Guangzhou Evergrande
Western Sydney Wanderers
1
1
LIVE 62'
Leg 2Aggregate: 1 - 2
Game Details
Amazulu
Bloem Celtic
5:30 PM GMT
Game Details
Mamelodi Sundowns
Orlando Pirates
5:30 PM GMT
Game Details
Pretoria Univ
Free State Stars
5:30 PM GMT
Game Details
Silver Stars
Kaizer Chiefs
5:30 PM GMT
Game Details
SuperSport United
Mpumalanga Black Aces
5:30 PM GMT
Game Details
Saprissa
Santos
Postp
Game Details
Carmelita
Club Sport Uruguay
9:00 PM GMT
Game Details
Cartagines
Perez Zeledon
9:00 PM GMT
Game Details
Antigua
Marquense
9:15 PM GMT
Game Details
Petapa
Coatepeque
2:00 AM GMT
Game Details
Vida
Marathon
1:00 AM GMT
Game Details
Next

Serie A season preview: Inter Milan

Inter Milan about an hour ago
Read
 Posted by ESPN Staff
Sep 9, 2007

Glazers hit back over United debt claims

The Glazer family have strongly denied that Manchester United's debts are spiralling out of control.

A report from the Manchester United Supporters Trust, due to be released tomorrow, claims that the club's interest payments have increased by £28million this year.

It also claims that increased TV revenue and money from a new shirt sponsorship deal with AIG is being used to service debts.

But a Glazer family spokesman this morning dismissed the report saying: 'The story is inaccurate. Nothing has changed. The debts continue to be comfortably serviced by the business, which is performing better than ever.

'As always there have been substantial funds for the manager to purchase players over the summer.'

The Manchester United Supporters Trust have challenged the Glazer family to 'open up the books to independent scrutiny' amid claims that the club's debts are spiralling out of control.

A publication from the MUST, due to be released tomorrow, claims the interest payments of the Old Trafford club have increased by £28million this year.

A statement from MUST released to PA Sport read: 'The Glazers' claim that 'nothing has changed' is laughable. Why then were they forced to cancel plans to refinance some of the debt this summer? Have interest rates not gone up? Has the global credit crunch not begun to bite?

'The Glazers' debt is tied into LIBOR [the London Interbank Offered Rate], and if the economics of the world change, then debt changes.

'Furthermore, our calculations are based on the Glazers' own refinancing documents of 2006, which were signed by Joel Glazer himself. If they wish to dispute the figures, then let them open up the books to independent scrutiny.

'Let the Glazers bring their own figures out and we would be happy to be proved wrong and for the club to be shown to be less debt-laden than we think it is.'

The statement continued: 'The facts are simple: there is a vast debt of £660m hanging over the club, which carries with it vast interest rates and annual repayment demands of up to £100m, whilst ticket prices have risen astronomically in each of the last three seasons under the Glazers.

'Money for players has either been offset by sales, or has had payment schedules spread way into the future, with little money offered up front.'

The statement concluded: 'The team did wonderfully last season, and we're delighted, but sticking our heads in the sand about what's happening off the pitch would do a grave disservice to those marvellous efforts.'

United have spent heavily since the end of last season, recruiting Owen Hargreaves, Carlos Tevez, Nani and Anderson, and Sir Alex Ferguson has not been restricted in the transfer market since the Glazers completed their £790m takeover in 2005.

United fans have been hit with a 14% rise in ticket prices this season but the club has to fund rising player salary demands and keep stars like Ronaldo, Wayne Rooney and Rio Ferdinand at Old Trafford.

The Trust report claims that the Glazer family 'continue to face an extraordinary and growing debt problem'.

The report states that since last year's refinancing, United and the Glazers have been faced with 'a series of interest rate rises which have increased the annual debt service bill from £62m a year on the total debt of £660m.

'The interest bill is currently an annualised £100m-plus, of which £73m is payable this year and the other £27m in the future - a ticking debt time-bomb.'

Reports have emerged over recent weeks of potential buyers for United based in China and Dubai but the Glazers have stressed that they have no interest in selling and are completely committed to the club.