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Originally Posted by finneh
I can see where you are coming from, but what could anyone really argue that the Glazers have done to contribute to this success?
There are so many variables that could easily have lead to us being in a far, far worse situation than could potentially face Arsenal. If Fergie retired at any point during the last 6-7 years, if Abramovich continued to spend as he did 03-06, if the ascension of City/Spurs happened earlier, if Liverpool had spent wisely and employed a competent manager. Any combination of these factors (particularly the first) could have been terminal.
I know these are all hypothetical points, but the fact that the Glazers gambled our club on them not happening was certainly unethical. But I guess in their eyes what was the worst case scenario? Themselves and (mainly) some Banks make a relatively small financial loss whilst leaving an institution that is just a business to them crippled?
The gamble the Glazers made was far more risky than that of H+G at Liverpool, and likewise the consequences could have been far worse.
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The best decision the Glazers ever took was to give full control of the football side of the club to Fergie, he has alot more influence than he ever had under the PLC - its no coincidence that the past 5 years have been the most successful in the history of the club
I dont agree with your assesment of the level of risk - our revenue streams we far more established even 5 years ago than Liverpool are now! That is why we have been able to manage our debt whereas they failed.
Quote:
Originally Posted by Neo_Mufc
Everything is ok at the moment, we are competitive domestically and in Europe. I don't personally feel the Glazers will want to stay in charge when Ferguson's gone but I could be hugely wrong.
The thing is if the trophies are there the majority of fans ignore the debt and the glazers win if they're not then it's protest time. We'll probably have a better indication of how the clubs going in a few years because a change of manager will have a huge effect on our club.
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the glazers have already shown that they are willing to cash in some of their shares by preparing the floatation, will they exit completely before Fergie retires? It is a definite possibility
Change of manager will of course have a huge effect on the club, as it would regardless of who was in charge.