Sir Alex Ferguson Puts His Money on Betfred's Tote Bid

MANCHESTER, England, May 23, 2011 /PRNewswire/ -- Sir Alex Ferguson is supporting Manchester United fan Fred Done in his bid to buy the government owned Tote Bookmakers.

The Betfred boss Fred Done is up against Sir Martin Broughton's Sports Investment Partners as the race enters the final furlong.

Fergie on the day he received Manchester United's record nineteenth title backed Fred Done.

Sir Alex Ferguson said,

"The most important issue is that Fred has proved himself in the horserace betting business.

"In a career stretching over 40 years he's built up an empire of shops, as well as online business, and experience is going to be important in the Tote's future. I've every confidence Fred and his team are the right people.

"We want to get a fair product for the punter and to give them as fair deal as possible. Fred can do that. He's honest, as straight as a die, and doesn't let himself or anyone else down."