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Thread reveals how much Glazers have taken out of Man Utd

Ryan Sidle

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Thread reveals how much Glazers have taken out of Man Utd

Featured Image Credit: Alamy

A thread explaining the Glazers ownership of Manchester United will not do anything to appease fans, with the amount of money they've taken out of the club revealed.

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The horrendous start to United's Premier League season has once again exposed their owners to criticism, with Erik ten Hag's rock bottom of the league after two games.

In truth, United fans have been protesting the Glazers ever since the American family took over in 2005, even when they were winning league titles and Champions Leagues.

Fans are expected to protest once again next week, during the game against Liverpool, and a thread of the American's finances at United shows exactly why.

Twitter account Swiss Ramble, who often brilliantly explains the business of football, put together the thread, revealing that the Tampa Bay Buccaneers owners have taken £1.6 billion out of Old Trafford during their tenure so far.

Whilst United's spending on transfers has been more than most in recent years, the money hasn't come from the owners at all and is just money the club generates.

In contrast, the club's local rivals Manchester City have seen their owners pump £684 million into the club, and even low spenders at Liverpool have given the club £110 million, whilst mainly running as a good business to generate their own money.

The Red Devils are in fact the only club in England's top tier to pay dividends to the owners, whilst they are also still paying the loans, and interest, on the money borrowed to buy the club.

There has been talk by former United director Michael Knighton that he wants to put together a consortium to try and buy the club from the Glazers.

However, it won't be so easy to get the club away from them, with Joel and Avram reportedly wanting around £4 billion to sell the club.

It's no wonder they want so much when they can continue to take money out of United for years and years to come and continue making millions without selling.

So whilst rival fans will continue to think that the protests are all about a lack of success, it's becoming clearer that it's about the fact the Glazers not only don't give anything to United but are constantly just taking.

Topics: Premier League, Manchester United

Ryan Sidle
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