While to a certain extent it's been inevitable since flotation a main reason for United fans' opposition is that Glazer is esentially hoping to buy the club and use the club and its assets to pay off his costs accrued in buying it, leaving him with control of an £800m company with feck all personal investment from himself. Most revenues generated would go back into paying his enormous loans, meaning hugely jacked up ticket prices and feck all money being spent on the team, it's not like it's going to be an Abramovich situation.
At least at the moment it's being run prudently and making good profits each year, hard to see how that would continue if it were saddled with hundreds of millions worth of debt. He was talking about a sale and lease back of the ground in his previous bid, it's disaster waiting to happen
Bookmarks