Manchester United manager, Alex Ferguson felt "insulted"!

Alex Ferguson says he is “insulted” by claims he backs the Glazer family’s ownership of Manchester United because of personal gain.

It has been suggested Fergie stands to profit from the floating of some shares on the New York Stock Exchange.

He said: “In regards to suggestions I have praised the Glazer family because I stand to financially benefit from the proposed Initial Public Offering, there is not a single grain of truth in this allegation.

“I do not receive any payments, directly or indirectly, from the IPO.

“Ultimately, I run the football side of this club and in order to do this, you need backing from above.

“The Glazer family have let me get on with my job, there is no interference or obstruction, only support."