Meanwhile, Arsenal said today that the club are on course to fund and build a new stadium at Ashburton Grove.
At the annual general meeting this afternoon majority shareholder Danny Fiszman revealed that the club hope to have the £260million funding needed to plug the gap in the £450m project by the end of the year.
Although the scheme has been dogged by delays, Fiszman said the site had been secured and that only peripheral issues needed to be resolved.
Chairman Peter Hill-Wood reassured the shareholders: "We are not going to get cold feet over this."
The project has put a serious strain on finances and has curbed the spending power of Arsene Wenger in the transfer market.
Arsenal have set a deadline of the end of December to finalise the money needed or recover the £95m so far spent on the project by selling the land, a mile from their traditional home at Highbury.
The announcement of Manchester United's annual results last Tuesday again demonstrated why Arsenal need to move to the 60,000-capacity ground.
While the matchday turnover at Highbury last season was £27.9m, United raked in a staggering £70.6m from the Old Trafford tills.
Also at the meeting, shareholders were told they could not ask Wenger about the bust-up at Old Trafford last month when Arsenal players surrounded and jostled Manchester United's Ruud van Nistelrooy at the final whistle.
However, the club claimed today that for legal reasons, Wenger could not be asked about the matter at today's meeting.
Although one shareholder did speak out and started to criticise the players, he was shouted down by other members of the audience.
