I’m trying to understand the genesis of the protests vs. the Glazers:
- took on massive debt to purchase the club in the first place
- used team profits to pay off that debt (slowly) instead of reinvesting directly into the squad
(Cont’d)
- took on massive debt to purchase the club in the first place
- used team profits to pay off that debt (slowly) instead of reinvesting directly into the squad
(Cont’d)
- used team profits to finance other, non-ManU projects
- have lost touch with the club’s roots & past (this one seems dubious to me)
- have failed to be forward-thinking with regard to sports science, analytics & managerial hires
(Cont’d)
- have lost touch with the club’s roots & past (this one seems dubious to me)
- have failed to be forward-thinking with regard to sports science, analytics & managerial hires
(Cont’d)
- for years privileged business decisions over football decisions
- have fallen from the ranks of the absolute elite Euro sides, to the point where they really can’t/don’t compete to sign the very best players in the world
(Cont’d)
- have fallen from the ranks of the absolute elite Euro sides, to the point where they really can’t/don’t compete to sign the very best players in the world
(Cont’d)
- years of poor results relative to their past, and in comparison to closest (Man City) and fiercest (Liverpool) rivals
- attempt to join the ESL was the straw that broke the camel’s back as it showed lack of regard for the history of the club, the league & the culture
- attempt to join the ESL was the straw that broke the camel’s back as it showed lack of regard for the history of the club, the league & the culture
How’d I do?
Addendum re: Manchester United debt: As of 2019 it was £511.2 million as per a public filing. And it looks like the Glazers never paid it down at all -- they just issued bonds and an IPO, essentially passing the debt burden to fans & shareholders.
investopedia.com/ask/answers/05…
investopedia.com/ask/answers/05…
One other issue that I've seen folks complaining about: Old Trafford has gotten kind of crappy & is in clear need of renovation, and the club's training ground/facilities are well below par for an elite side. Both apparently hurt recruitment.
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