:00:00. > :00:15.club turned out to be a stalemate. And that's
:00:16. > :00:20.Good evening. Exactly a year ago, Manchester
:00:21. > :00:25.United had won the Premier League. Tonight, they are without a
:00:26. > :00:32.permanent manager after the sacking of David Moyes. Failure to laintain
:00:33. > :00:36.the standards set by his prddecessor forced Hill his employers to act.
:00:37. > :00:44.Richard Askam is live for us at Old Trafford tonight.
:00:45. > :00:51.Aattention turns to who might be the next man to turn up at the door The
:00:52. > :01:00.former Ajax boss, currently in charge of the Dutch national team is
:01:01. > :01:06.favourite, Louis de`Gaal. The 2`0 defeat to Everton at the wedkend was
:01:07. > :01:10.the turning point, we understand. The performance particularlx became
:01:11. > :01:14.an issue, I understand, for the owners, the Glazer family. Tnited
:01:15. > :01:18.certain to end with their worst points tally in the Premier League
:01:19. > :01:21.ever. So what's gone wrong for David Moyes, the manager with undoubted
:01:22. > :01:25.qualities? Manchester United were lookhng for
:01:26. > :01:29.the nearest thing to Sir Aldx Ferguson they could find. D`vid
:01:30. > :01:34.Moyes was the chosen one. Btt not everybody was convinced.
:01:35. > :01:38.Was he really the badly chosen one? They should have been able to get
:01:39. > :01:45.anybody they wanted from thd world of football. Not someone who's kind
:01:46. > :01:49.of a straightforward, Fergid clone`type person. They need someone
:01:50. > :01:53.to come and have a complete clearout in terms of style, different
:01:54. > :01:56.coaches, somebody looking at transfer strategy, kind of ` bit
:01:57. > :02:02.like they do at City franklx. Manchester United have been here
:02:03. > :02:08.before. When great Matt buzz by retired in 1969, he was replaced by
:02:09. > :02:12.Wilf McGinness who lasted 18 months in the job. Wilf said whatever
:02:13. > :02:19.financial compensation they offer you in a situation like that, it's
:02:20. > :02:25.no real consolation. . `` M`tt Busby. This is no longer just a
:02:26. > :02:29.talking point in Manchester, it matters in Kenya. I'm happy because
:02:30. > :02:34.we need results at the end of the day. And in Singapore. Most of my
:02:35. > :02:37.friends have been happy he's been sacked. That's why United's failure
:02:38. > :02:41.to qualify for the Champions League is so important to the owners.
:02:42. > :02:46.It's the revenue you generate from being in the competition, about ?50
:02:47. > :02:49.million a year. Also it enh`nces the brand, allowing Manchester Tnited to
:02:50. > :02:54.sell themselves as one of the top teams in Europe and that me`ns
:02:55. > :03:02.commercial revenues are flowing not only from Europe, but from `round
:03:03. > :03:06.the globe. I'm joined by the Chief Executive of
:03:07. > :03:10.the Manchester United Supporters Trust. Do you think that David Moyes
:03:11. > :03:13.did fail here or was he madd a scapegoat for certain things that
:03:14. > :03:19.were beyond his control? Well, I think it's a cliche that football's
:03:20. > :03:23.a results`based business, btt certainly the results weren't good
:03:24. > :03:27.and in the end, the person who payings the price is the manager, so
:03:28. > :03:31.whether or not it was his f`ult that's the way it works in football.
:03:32. > :03:34.In the transfer windows, yot could say for example that that w`sn't
:03:35. > :03:37.David Moyes fault. Do you think Manchester United have reached a
:03:38. > :03:40.point where a more fundamental structural change is needed? Very
:03:41. > :03:44.much so. I think we have got a real concern for the future that we get
:03:45. > :03:48.the right financial structure in place because all of our major
:03:49. > :03:51.rivals are able to reinvest all the profits into the clubs and that s
:03:52. > :03:55.why they are able to do that. Manchester United is the only club
:03:56. > :03:59.that's been taking huge amotnts of money out through the Glazers'
:04:00. > :04:04.ownership structure. Making a lot of money as well? Yes, but that money
:04:05. > :04:07.actually, not realising at this stage, but our concern is that that
:04:08. > :04:11.money has to come back into the club because we can't afford to compete
:04:12. > :04:14.with the other clubs and have them draining huge amounts of money out.
:04:15. > :04:17.We need that as a long`term commitment, not just one tr`nsfer
:04:18. > :04:20.window, this needs to be a consistent, sustainable
:04:21. > :04:25.re`investment of profits. Briefly then, is it a steady experidnce hand
:04:26. > :04:30.like Louis van Gaal required at this stage? I would guess so. Certainly
:04:31. > :04:33.you would want somebody who has the ego, track record, that is going to
:04:34. > :04:36.be able to gain the confidence of the players as soon as he w`lks into
:04:37. > :04:40.the dressing room. Those ard the names that have been banded around.
:04:41. > :04:44.Thank you very much indeed. Louis van Gaal as I mentioned, thd clear
:04:45. > :04:54.favourite. Rough no no rush, they say, to make an appointment. Back to
:04:55. > :04:59.you. Jo joining me now is J`ne McCubbin. Looking at the finances,
:05:00. > :05:03.it's a resulted`based busindss and failing to deliver sports rdsults
:05:04. > :05:07.means failing to deliver financial results? This is a big business
:05:08. > :05:10.floated on the Stock Exchange two years ago, today worth over $3
:05:11. > :05:15.billion. As you heard Duncan say, it's got a huge debt to service The
:05:16. > :05:20.cost of that last year was ?70 million. It can really ill``fford
:05:21. > :05:23.that ?50 million potential cost of not being in the Champions League
:05:24. > :05:28.and, as Duncan said, they h`ve got to invest in that in ageing squad.
:05:29. > :05:33.That can top ?200 million. Ht will cost even more to tempt over play
:05:34. > :05:38.players into a club that isn't seen to be top flight. The response from
:05:39. > :05:43.Wall Street today though, share price up 6% to its highest level
:05:44. > :05:45.since Ferguson's retirement last May.
:05:46. > :05:48.Interesting stats. Thank yot very much.
:05:49. > :05:52.Other news now, and the BBC's learned that a major report into the
:05:53. > :05:57.near collapse of the cooper`tive Bank will blame poor Governor Nans
:05:58. > :06:01.at the organisation. Sir Christopher Kelly's report is the most
:06:02. > :06:15.comprehensive attempt so far to attempt to find out what went wrong.
:06:16. > :06:19.`` governance at the organisation. The AGM on May 17th, there hs the
:06:20. > :06:23.big vote on governance on changing the Co`op Group's management or the
:06:24. > :06:25.way it's managed and making this business fit for the 21st cdntury.
:06:26. > :06:40.One football result for you tonight: That is it from me. Now let us get a
:06:41. > :06:47.weather update with Dianne. Good evening. We had drizzlx showers
:06:48. > :06:50.at times throughout the day. They have faded away in the last few
:06:51. > :06:54.hours. That continues to be the story through the night. Yot could
:06:55. > :06:58.catch a break in the cloud cover. You could continue the catch a
:06:59. > :07:01.shower but you would be unltcky if you did catch either of those
:07:02. > :07:05.really. It's a quiet night with a lot of cloud cover and the
:07:06. > :07:09.temperatures are really good. Tomorrow, the sun is up before
:07:10. > :07:13.o'clock. You will be lucky do see much of it.
:07:14. > :07:18.For most, it's a cloudy start and the cloud cover things and breaks,
:07:19. > :07:23.then brighter skies come through. A line of rain comes through later in
:07:24. > :07:27.the day and clips the coast. Temperatures are good when the sun
:07:28. > :07:30.comes out. I'll leave you whth the outlook, indicating April showers.
:07:31. > :07:39.Nick Miller will confirm is not looking too bad. That's
:07:40. > :07:43.weather front. It is never too early to think about
:07:44. > :07:49.next weekend and I will be doing that in a couple of minutes. But we
:07:50. > :07:54.have a sizeable chunk of this week's whether to go first. There
:07:55. > :07:57.are more showers, but there will be spells of warm sunshine around as
:07:58. > :07:58.well,