The 25% purchase is the investment, assuming it goes into the club and not straight into Glazer pockets (which I doubt), and he's making that investment as he expects to receive more money over time than he's paying for that 25%. The Glazers have made lots of money from us, despite being terrible owners, and with the talk of better TV deals etc there's a possibility that dividends and valuations will increase dramatically.
We have zero knowledge of where that 25% goes. Could go to The Glazers, could be split between Glazers and minority shareholders and it could be all going to minority shareholders, so lets not assume anything.
Also, tell me why he would make only a 25% investment?
This sale process shows a) the Glazers dont want to full sale and b) there is a minute pool of potential buyers. Practically only Sovereign Wealth funds have the money.
So if you take a 25% stake in a business in the hope that you can flip that in the future, then you better be sure that someone will want to buy that stake. This process has showed how difficult it that actually is.
It's possible that this is a stepping stone to full ownership, but it's also possible that we're adding another leech to the existing group sucking the club dry. Time will tell.
Of course it is. 70 year old man isn't investing to make a profit if and when a bigger fish comes in a buys the whole club for 10+bil. He wants to come in, take control and be lorded as the man who saved Man United.
If he wanted to make a profit, he would continue to do what has already made him the richest man in England.