If they took the money and cleared off, what do you think they’d do with it?
It wouldn’t be put in a savings account, or hidden under the bed.
They’d do what all very wealthy individuals do and find other assets to invest in and park the value there instead.
At the moment, that (theoretical) value to the Glazers is parked in the potential value of Utd.
Unless there’s an alternative, tempting investment proposition and they decide to sell up here, they may as well keep hold of Utd.
There’s always the prospect that the value of the club could increase in the future, either by the Glazers realising it through the sale of their shares, or by the clubs financial fortunes taking a dramatic upshift.
Barring the unlikely event of a super rich entity making an offer the Glazers can’t refuse, a collapse into insolvency, or some catastrophic “Black Swan” event, as it stands, I can’t see any compelling reason for the leaches to let go and sell up.
Hence why SJR will be playing it very, very cautiously, if his ultimate aim is to acquire a majority stake.
The Glazers will know that too..
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