The Glazers at Manchester United: A Rollercoaster Ride
The Glazers are here to stay at Manchester United, and it’s been quite a journey for them so far. From controversial takeovers to turbulent ownership, their tenure has been nothing short of eventful. Let’s take a closer look at their story.
2003-05: The Glazers’ Man Utd journey begins
It all started in March 2003 when Malcolm Glazer, a Florida-based businessman, bought a 2.9% stake in Manchester United. By May 2005, he had acquired almost 57% of the club, leading to widespread protests from fans. The leveraged buyout loaded United with a debt of £525m, drawing criticism from all corners.
2005-06: Glazers’ violent first visit and FC United
The Glazers’ first visit to Old Trafford in June 2005 ended in violent clashes with supporters. This led to the formation of FC United of Manchester, a symbol of the discontent among fans. Despite the turmoil, the club continued to thrive financially, thanks to lucrative sponsorship deals and increased revenue.
2006-13: Success under Ferguson
Under Sir Alex Ferguson, United saw success on the pitch, winning multiple titles and cups. However, fan discontent continued, leading to protests and campaigns against the Glazers’ ownership.
2010-12: Red Knights in shining armour and NYSE
In 2010, a group of wealthy supporters known as the Red Knights aimed to take over the club, but their bid was put on hold. United was later listed on the New York Stock Exchange, with most of the money raised going to the Glazers.
2013-22: Trophies dry up after Sir Alex retires
Following Ferguson’s retirement, United’s on-pitch performance declined, while rivals like Manchester City and Liverpool surged ahead. Ed Woodward, the executive vice-chairman, came under fire for the club’s lack of direction and success.
2013-22: Commercial guru Woodward comes under fire
Woodward’s role in facilitating the Glazers’ takeover and his subsequent responsibilities drew criticism. Despite the club’s commercial success, the focus on football seemed to diminish, leading to discontent among fans.
2014-19: Malcolm Glazer dies before dividends outrage
Malcolm Glazer’s death in 2014 and the subsequent payment of dividends to the Glazer family further fueled fan anger. The club’s financial success contrasted with the lack of investment in infrastructure and modernization.
2021: European Super League fiasco
The Glazers’ involvement in the failed European Super League plan in 2021 sparked widespread outrage. Fan protests and a subsequent attempt to sell the club followed, but the process was marred by uncertainty and disappointment.
2021-22: Ronaldo and four hours of chaos
The sensational return of Cristiano Ronaldo to Old Trafford brought temporary excitement, but his subsequent departure and the Glazers’ announcement of a potential sale added to the chaos. The rollercoaster ride continued, leaving fans with mixed emotions.
2022-23: Ratcliffe’s personal touch the difference
The potential sale of the club attracted interest from Sir Jim Ratcliffe, a lifelong United supporter. However, negotiations with other potential buyers and the Glazers’ reluctance to sell led to a prolonged and uncertain process.
As the Glazers continue their tenure at Manchester United, the future remains uncertain. The rollercoaster ride of their ownership has left fans with more questions than answers, and the saga is far from over.