United Turnover Increases

Manchester United have confirmed their turnover is continuing to rise after it emerged on Tuesday a £220million debt is to be paid off by the end of the month.

Sky Sports News understands that the Glazers will use their own money, and not the club's, to settle the £220m debt, which carries an annual interest rate of more than 16 per cent.

And, in seemingly further positive financial news for the club, it has been announced that turnover is continuing to rise, from £57.7m to £63.3m compared to the same three months last year, especially in the commercial sector.

Furthermore, debt has reduced, albeit marginally, from £514.7m to £509.4m up to 30th September 2010.

However, with United's overall debt estimated at more than £700m, Manchester United Supporters' Trust (MUST) has urged the Glazer family to 'come clean' over their plans for the club

The Glazers are unpopular amongst sections of Red Devils supporters and MUST has requested clarity about their intentions for the club.

Duncan Drasdo, chief executive of MUST, responding to the news, said: "Now is the time for the Glazers to finally come clean and tell the truth about what is going on at Manchester United and what their plans are.

"What have they got to hide? No more secrecy. No more spin. Just tell the fans the truth."