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David Conn Profile picture
David Conn
@david_conn
Writer for the Guardian on Investigations, Sport, Hillsborough, Brexit and other stories. Latest book: The Fall of the House of Fifa.
Dec 24, 2023 • 6 tweets • 2 min read
The six Glazer siblings are being paid $909m by Sir Jim Ratcliffe for their B shares - selling 25% of their shareholding as set out in the Manchester United annual report, for $33 per share.

#mufc Image When the Glazers bought Manchester United in 2005, famously they put in only £270m of their own money, borrowing the other £540m, some of it "piks" at very high interest, 14.25%.

2/6
theguardian.com/football/2019/…
Feb 15, 2020 • 5 tweets • 2 min read
Thread (short) about Uefa's financial fair play rules after the Manchester City ban; there is so much misinformation about it. FFP rules were mainly introduced to stem huge player wage inflation, and European football finances have since been transformed. theguardian.com/football/2019/… If it was a conspiracy against the Premier League & City in particular, odd that the PL saw Uefa's rules helping clubs be financially healthier and introduced their own FFP, which transformed their clubs' finances from mad losses to profit. theguardian.com/football/2015/…