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Man Utd's Ferguson forced to wind back transfer plans

The Sunday Mirror says the United boss was allowed to broker deals worth £50m to bring in Owen Hargreaves, Anderson and Nani last summer.

And 12 months on, most of the cash on those deals is now payable to Bayern Munich, Porto and Sporting Lisbon respectively.

United must also decide in the coming months whether to pay £25m to Media Sports Investments to secure Carlos Tevez on a permanent deal.

United banked more than £40m from their Double triumph, but the realities of the worldwide credit crunch are starting to bite.

The Glazer family, who own the club, have racked up debts which stood at £665m last year - with interest on those borrowings now running close to the £100m-a-year mark.

Ferguson is looking to raise cash to bolster his transfer funds. But there have been no takers for Louis Saha due to his dire injury record at Old Trafford, although Gerard Pique has been sold to Barcelona for £4.9m.

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