Angry Ferguson denies United shares pay-out

Sir Alex Ferguson, Manchester United manager, has furiously responded to accusations that his recent backing of the Glazer family is motivated by personal gain. It has been suggested that Ferguson stands to profit from the controversial initial public offering (IPO) of shares, which the Glazer family are now saying will only partly go against United's massive debts. A clause within the prospectus for the IPO, which the Glazer's signalled an official intention to launch in New York on Monday evening, suggests senior management figures will receive shares. Almost immediately, some of those opposed to the Glazer family's ownership of United wondered if Ferguson was among them.