Manchester United News

Manchester United fans criticize the Glazers for their role in the sale of the team

Manchester United fans are pointing to the Glazers for the bad takeover process.

By Angus Barnes

Manchester United fans are pointing to the Glazers for the bad takeover process.
Manchester United fans are pointing to the Glazers for the bad takeover process.
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The red devils fans are not happy with the way that the Glazers manage the sale of the team, especially now that it has been confirmed the amount they would get in the end.

It is a fact that the Glazers have been really bad owners of the red devils, especially in the last few years, and while it seems that the team could get a new owner, it also seems that they are closer to accept the offer from Sir Jim Ratcliffe, this offer would allow them to stay in control of the team and still get some profit out of the team.

If the offer from Sir Jim Ratcliffe gets accepted, it has been confirmed that the CEO of INEOS is going to buy 25% of the team, and the fact is that since his group also own OG Nice team, he would be unable to buy more than 50% of the red devils in the future, which means that the Glazers have to stay with the team now.

Now it has been confirmed that once the deal is done, the Glazers would receive a total of 700 million euros from the sale, which means that they are going to get more than half of the offer from Sir Jim Ratcliffe for their own benefit, and this has been a concern for the fans on what the future holds for the team.

Because even with the fact that Ratcliffe is open to invest a good amount of money as soon as he arrives to the team, the fact is that with the Glazers still on the team it is really hard to believe that the team is actually going to change and it seems that the results might be the same if they are still just getting money out of the team.

Glazers debt

One of the main concern for Manchester United fans is the fact that right now the Glazers have put the team with over 1 billion euros in debt, which means that the red devils are the team with the most debt in the world.


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