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And Jim White in the Telegraph....

'Over the last couple of weeks there has been a growing feeling abroad, as demonstrated in newspaper columns and on various radio phone-ins, that the Glazer administration is proving to be nothing like as bad for Manchester United as the naysayers and doom mongers insisted it would when the first family of Florida took over at Old Trafford three years ago.

Consider the evidence, say the Americans' new found supporters: United have won the League, Sir Alex Ferguson tells us he has never been happier in his job, the team have played the most sparkling football imaginable.

What's more, in the last fortnight, Ferguson has embarked on a transfer spending spree that has left his rivals floundering. Owen Hargreaves, Anderson and Nani have been signed for big, big money. Far from being constricted as he once was by limits imposed by the plc, under the Americans' benevolent ownership, the manager has been able to pay whatever is required to bring the top talent to Old Trafford. And in the case of Cristiano Ronaldo's new contract, to pay them to stay once they have arrived. It is all, so we have been told, thanks to Uncle Malcolm and his smiling, hands-off way of doing things.

Anyone who has recently received an invitation to renew their season ticket to Old Trafford, however, will know precisely how way off the mark this new received opinion is. Far from the Glazers cheerily dipping into their bottomless pockets, the demands now popping through letter boxes reveal precisely who is financing not only the development of the team but also the Glazers' very ownership of the club.

To watch United's home Premiership games during 2007-08, season-ticket holders will have to pay 14 per cent more than they did last time round, with typical prices rising from £665 to £760. In short, the kind of above-inflation rise that not even rail companies would impose on their customers. It is important to remember there is no additional benefit to the fan in this new charge: their seat is not to be padded during the summer break, there will be no increase in leg-room or any addition of central heating.

Moreover, this is not the end of the extra cost. A pernicious additional charge is there in the small print, overlooked by many who automatically renew year on year. For the privilege of buying a season pass, holders are obliged to buy tickets for every home cup game.

Now many of them may wish to. But the point is, from now on they will have to. Even if work or family circumstances prevent them from attending a midweek Carling Cup game, they are required to fork out for it. Thus, in effect, if United have a decent cup run, season tickets will be costing as much as £500 more than they did last term.

Where all this extra money is going to is simple: it is to pay down the Glazers' mountainous debt. That plus financing the purchase of the new players whose presence is absolutely essential to maintaining a saleable product. In other words, far from being proven wrong by what has been happening recently, what the anti-Glazer movement said all along is coming to pass: it is the fans who are buying the club for a set of owners they were never consulted about in the first place. The only choice they have in the issue is to walk away and no longer support their team.

Before followers of rival teams snigger too hard into their beer, this is precisely the threat to Manchester City diehards should the Thais take over, or Arsenal fans if the Americans move in. Don't be fooled by glitzy promises of new investment. The only investment the new style of foreign owner makes is in the initial purchase. For everything else, there's the fans.'