SportBusiness.com

GLAZER'S CHANGED UNITED BUSINESS PLAN

The Glazer family have revised their business plan for Manchester United according to the club's chief executive David Gill.

"The board had concerns before they took over, but they've demonstrated they will listen," Gill told BBC Sport.

"Their business plan clearly allows for investment in the product - the team."

The Glazer family borrowed heavily to complete their estimated £800million buy-out of the club last June.

On Monday, the club announced a 12.3 per cent average rise in season ticket prices for next season, although a seat at United will still be less than at seven other Premier League grounds.

Gill said: "The debt within the club is serviceable and, what with stadium expansion and sponsorship deals, our income streams are in good shape."

Last week, United announced a £56million four-year shirt sponsorship deal with finance company AIG and next season Old Trafford's capacity will be 76,000, easily the biggest in the Premier League, even after completion of Arsenal's 60,000-seater Emirates Stadium.

However, Gill denied the club could consider renaming Old Trafford.