 United Chief Executive David Gill has defended the club's buying policy, saying The Red Devils would rather see a player come through the youth system and grow into a world class star than buy a ready-made mercenary. Gill also hinted at the possibility of José Mourinho replacing Sir Alex Ferguson in the distant future... Manchester City have spent close to £350 Million on players since the takeover of the club in late 2008. They have achieved zero success to date, with the clock ticking towards 35 years of nothingness in terms of silverware for the noisy neighbours. Sir Alex Ferguson hit-out at The Citizen's 'kamikaze spending' over the summer, but City have continued to buy, and buy, and buy... with £27 Million Edin Dzeko arriving at the club last week. "We can compete," David Gill told an Arabian business newspaper. "We can compete for top players. People say we don't, but we have bought well, and our goal at Manchester United is to make sure we develop our own players and also buy good players. Over time, if you follow United, you will know we have rarely bought the world star, we have made them world stars by playing for United, and that will continue." "In terms of our business model, we have got debt that we didn't have before," he added. "The debt levels we have got are roughly £500 Million in bonds, the interest costs on that are roughly £45 Million, and our EBITDA (earnings before interest, taxes, depreciation, and amortisation) is in the order of £100 Million, and growing. So we can easily service our debt. So we are comfortable with our business strategy and business model going forward." David Gill was speaking in Abu Dhabi, where United delegates - including club legend Bryan Robson - launched a deal between Manchester United Soccer Schools and 'Reem Investments'. The contract sees The Red's training facilities running throughout the United Arab Emirates for the next two years by the company.  Former midfielder Bryan Robson at a Man Utd Soccer School base in Abu Dhabi "I don't think we'd ever field a team full of foreigners. When those great players, who have been part of the team for 15-odd years retire, others will step up. Hopefully we'll have players coming through the academy who understand what being a United player means." Gill continued. "In any walk of life the key person is the man at the top. He (Sir Alex) has seen it, done it and knows what to do in particular situations". "It's one of the strengths of the Premier League, the fact that we do distribute our money broadly. The television rights are sold collectively and distributed according to a predetermined formula." "Sir Alex is on a rolling contract, he is on the record as saying that he will continue to manage as long as he keeps fit, so while we follow what is happening in football, I am not going to sit here today and say who we have in mind because we don't know what the time frame is. I am sure there are some other good managers around... José Mourinho a good manager." Commentsdan 20/01/2011 5:45pm
David gill is a wanker ;you might not like why say ; if we have money why dont they spend then; Sanchez could be going to Chelsea ; it is all only mouth talk so us the money; Darren 20/01/2011 5:49pm
I like this idea of 'making world class players' but I think we need to buy someone.. dan 20/01/2011 5:53pm
who would you like to buy Darren. mladen damjanovic 20/01/2011 6:04pm
what a joke! man.utd need more world class players and that is truth! "making stars"? Darren 20/01/2011 6:09pm
It's tough.. maybe a creative midfielder or a pacy winger.. dan 20/01/2011 6:24pm
YA IT would ; the only player we could afford would be Sanchez 25 million sky sports news said today not bad for that kind of player i think if he goes to Chelsea THIS month they be back in the title race if he went to us we could walk from the rest ; but i dont think we will sign anyone RedScot 20/01/2011 6:45pm
Lets be quite clear here Gill is not to be trusted he has history!Nobody is suggesting for one minute that Manchester United have not got pedigree in producing fantastic youth and bringing them through to the First team level.Thats a given its proven, there is no reason to doubt the current group of youth players are going to be equally as successfull as their predecessors.The younger players in my opinion look brilliant and full of promise, both the Youth and the Reserves. 20/01/2011 7:00pm
Agree with you RedScot, Www. Twitter.Co. Uk Easter 20/01/2011 7:00pm
what we used to do was buy young players who are already performing to a good standard like the ones mentioned above, then turn them into world class stars. Not buy unproven at any level shite like Bebe. Sanchez and pastore were mentioned above, I would agree that these are the type of players we should be getting - young and outstanding in a top division team. RedScot 20/01/2011 7:09pm
@United Latest. Thanks for the link. Brummie red 20/01/2011 9:56pm
I think the glazers have gill in their pocket!!! Is SAF. There too. in the past he's allways got what he wanted in terms of players. Did rooney break the bank? Does SAF really think this team is the best he's ever made? As for home grown talent All our best players had the privilege of training and growing up with the greats from the past mentioned in an earlier post. Now were looking at loosing giggs, scholes, Vds, to mention a few. Where will the youth get there guidance from then??? David Gill has been so far up Malcolm Glazers arse he doesn't even know what day it is. His words are 'we won't buy anyone because we are using the excuse the youth team might create a great player' very poor excuse not to invest in the squad as a whole. You need your youth players but you also have to buy in the right players. United have always done it with a blend of youth, skills, experience and talent. Most of the famous names United have developed have been players in their early 20s who had either impressed against us or some Fergie picked out and got interms of money on the cheap. There are loads of them. jordan 21/01/2011 8:00am
He is spot on with his words tho, even i agree we do need to sign big soon. DB 21/01/2011 8:10am
I hope we buy loads and loads of world class players! So many that it makes me sthick. That way, at least we can be successful for half a season before we go into administration. Can't wait! Utdboys 21/01/2011 11:01am
What star did utd make? Twinkle twinkle little star.. How i wonder who u are.. Up above.. Glazer rules.. None is shining like the truth.. dan 21/01/2011 12:26pm
good one Utdboys G13 21/01/2011 3:39pm
I think the glazers must have used up the $$ from sale of CR to repay their debt's interest. The thought of glazers making ManUtd in 500 mill pounds debt MAKES ME SICK!! We were financially stable and in 0 debts before, fuc-ing glazers!! And now we are turning into an arsenal wanna be squad. WTF source 21/01/2011 5:51pm
Micheal Owen is close to sign for Sunderland ; a source has told me two clubs are in talks . Henderson will not be coming as part of the deal 90 per cent this true . Comments are closed. |  
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