It is remarkable that some people on the CAF have responded to the Swiss Ramble figures by implying that, somehow, they're unfair to the Glazers. I've actually seen people, on this board, try to claim that they're not actually a problem. Next people will claim that the Glazers will be used by McKinsey as a case study for positive management change.
Manchester United is, and has been for some time, an awfully run company. Its Board composition, the way its senior management team has been assembled, its lack of executive vision. The irresponsibility of continuing to take dividends during a pandemic, not to mention management fees and discretionary loans given to the Glazers for sweet FA. Do people genuinely think most normal companies are run like this?
Looked at, strictly as a business, where is the evidence that Man Utd is being run well? Costs have escalated across the board but where is the corresponding output in the bottom line? Commercial income has flatlined and has been static for years. So why are the Glazers awarding themselves management fees? Why is the executive team from Woodward down one of the best paid in football? Where is the evidence that they are taking the right decisions for the business? What is so innovative about United's commercial strategy? Getting a tractor sponsor is not innovative. For years they've just been ripping off marketing techniques used in NFL and motor sports. Since they ran out of ideas to copy what have they achieved?
There is nothing particularly cutting edge about the way United is run as a business. United were not pioneers in the use of social media. Just look at how analogue the United app is or how badly they use United's back catalogue. Just compare the interface of something like Disney+ to MUTV. Lightyears apart.
The Glazers are like 19th century aristocrats who inherited some valuable land but have no idea how to use it, its just a piggybank. Its no wonder their retail empire has been hollowed out. Based on how United is run their other businesses cannot be examples of best practice. They're paying themselves and their cronies for nothing.