as the Glazers aren’t typically overly frugal
They are when they've put Manchester U in debt by over a billion dollars. What a fucking joke of a family
ManU is worth $6 billion ish
Have you read much about it?
https://www.bbc.com/sport/football/articles/cd9lwdegxvxo
as the Glazers aren’t typically overly frugal
They are when they've put Manchester U in debt by over a billion dollars. What a fucking joke of a family
ManU is worth $6 billion ish
Have you read much about it?
https://www.bbc.com/sport/football/articles/cd9lwdegxvxo
yes and I know the story very well but even if you don't follow it the point I am making is right in the article you posted. This is it:
"The Glazer family can legitimately point to the fact they have significantly grown the value of the club over the past two decades.
Under the Glazers' two decades of full ownership, United's annual commercial revenues have risen more than fivefold - from £55m in 2006 to £303m in 2024."
so the Glazers increased the revenue FIVE FOLD but the debt you're discussing has grown 1.5 fold and that is WITH player acquisitions and WITHOUT a new stadium. So the Glazers are not running ManU into the ground. Far from it. They are growing it very successfully. They used debt to purchase it and recently debt to finance players (common) but the growth more than covers the debt.
If I bought a house for $1 million and put a $1 million mortgage on it to renovate it and it's worth $6 million now I didn't not run the house into the ground. I improved it. Dramatically
as the Glazers aren’t typically overly frugal
They are when they've put Manchester U in debt by over a billion dollars. What a fucking joke of a family
ManU is worth $6 billion ish
Have you read much about it?
https://www.bbc.com/sport/football/articles/cd9lwdegxvxo
yes and I know the story very well but even if you don't follow it the point I am making is right in the article you posted. This is it:
"The Glazer family can legitimately point to the fact they have significantly grown the value of the club over the past two decades.
Under the Glazers' two decades of full ownership, United's annual commercial revenues have risen more than fivefold - from £55m in 2006 to £303m in 2024."
so the Glazers increased the revenue FIVE FOLD but the debt you're discussing has grown 1.5 fold and that is WITH player acquisitions and WITHOUT a new stadium. So the Glazers are not running ManU into the ground. Far from it. They are growing it very successfully. They used debt to purchase it and recently debt to finance players (common) but the growth more than covers the debt.
Meh you're overrating the growth massively when you compare it to its peers.
Man U also is 12 years removed from relevance compared to their storied past. All the early success the Glazers had was just riding the coattails of the prior regime.
I have a handful of friends that live and die premier league and Man U is essentially the cowboys.
I don't think anyone thinks Jones is running that franchise well but they've grown 13x the last 20 years
I have a handful of friends that live and die premier league and Man U is essentially the cowboys.
I don't think anyone thinks Jones is running that franchise well but they've grown 13x the last 20 years
The Cowboys is the perfect analogy. They were the Lombardi era Packers. But, if you look at your own post you are equating the ManU brand to the biggest NFL brand and that growth has occurred WITHOUT the historic success on the field. That is my point. Real Madrid is the biggest sport team on the planet and it is ASSOCIATED with its incredible talent and trophies. ManU is the second biggest despite the lack of on field success, an "also ran" in the Prem League these days. Just sacked their manager.
But boy are you off on the Glazers. Not only did they turn ManU into a massive COMMERCIAL success (the conversation is about debt not trophies) the entire league has followed them. Since you like AI ask it to explain the "growth of the premier League since 2005." That is the Glazers at work. They bought MU is 20025, I think.
I will leave it with you from there only to say in closing that we exist in a world (the Red Board lol) where Bucs fans post that the Glazers are the "worst owners in all of sports" even though they have brought two Super Bowls and Super Bowl hosting stadium to a creamsicle nothing team. Fan criticism is not always rooted in reality.
Todd Bowles was made coach of this team, and remains coach of this team, entirely based on the color of his skin. This is an objective, permanent fact. No football reason exists
Harbaugh’s agent told Team Glazer that Harbaugh wanted to hire his own yes-man general manager wherever he lands. Team Glazer had no interest moving on from Bucs AC/DC-loving general manager Jason Licht.
