The Fucking Glazers

Green & Gold: LUHG

Malcolm Glazer and his “lineal descendants” are screwing the club over again. Their financial plan, if you can call it that, is based upon the club being successful. It is unbelievable, the lack of spend since they’ve come into the club compared to our sales (and rivals, for that matter) and this share issue is yet another slap in the face to all United fans. This isn’t speculation, even Forbes are saying this.

This time they want to sell some shares, partly to cut the staggering debt that the club is faced with, partly to line their own fucking pockets once again.

As Duncan Drasdo says:

The Glazers have already cost United more than £550m in debt related fees and now another slap in the face as they help themselves to half of the proposed IPO proceeds. Each of the 6 lineal descendants of Malcolm Glazer will claw out $25 million for themselves. Clearly this has nothing to do with benefits for Manchester United and is all about giving the Glazers quick access to desperately needed cash at the expense of our football club. What is the sudden reason for this desperation for cash now? There is now no doubt that this IPO is bad for Manchester United supporters, Manchester United Football Club and any investors gullible enough to pay the inflated price they’ve attached to inferior shares which have just 1/10 of the voting rights of the Glazers shares and no dividends. Their bare faced cheek is almost unbelievable.

It doesn’t help one bit that Alex Ferguson is appearing to back all of this. He’ll have some questions to answer once his career’s over as he stands to make a few quid out of this himself. Fergie’s backing is deceit, essentially, conning fans who don’t know or care about this kind of thing into thinking everything will be ok. I know that he may feel guilt over the whole thing (his argument with a couple of previous shareholders triggered the takeover in the first place) and he’s not one to admit he’s wrong.

The fans who went to form FC United were completely right. I thought as much at the time but I didn’t realise how right they were. For the sake of the future of the club, and I know it sounds mad saying this, we need some lean years, a bit like Liverpool (but not quite Leeds, please). Just enough to keep us out of the Champions League anyhow. The lack of money coming into the club will cripple the Glazers’ plan. Then they’ll have to fuck off.

How much fun are the Glazers having in owning the club? Surely part of the enjoyment of owning a football club is to get to the game and get behind the team. They cannot enter Old Trafford without helicopters and security guards.

For the sake of Manchester United, the players, the fans and yourselves (not that I care about you), please sell the club.

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About Scott

A web designing, Manchester United supporting, darts playing, real ale drinking, hill walking bloke living in Huddersfield, Yorkshire but originally from Orpington in Kent.

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