Ish
Lights on for Luke
I don’t know enough about the Glazers or our in depth finances, nor do I prefer them as owners, but the point you’re making - isn’t it kind of the point of any sporting institution or business - to spend their own generated income?The Glazers have spent £0 since taking over yet have saddled us with debts and taking out millions for themselves.
Don't let them kid you they have invested, the money United have spent is money the club has generated itself.
They are a disease.
Hence FFP? I mean the model you’re criticizing is probably the most common one out there in the world? Outside of sugar daddy clubs, maybe fan run ones like Bayern (not sure if anyone gets paid a dividend there).
At the end of the day, I guess I don’t know enough about the club to really form a strong opinion (i.e what is the dividend yield now versus the yield before the Glazer takeover), and obviously outside of media narratives likes we have the second highest wage bill in Europe and the second largest transfer spend in England over the last 5 years (or however long it was). My limited info says we have spent, but we have spent poorly.
Sorry, not having a go. Was just wondering what the options are - outside of the Glazers and the only people who could afford us would have to be a sugar daddy. At the prices being floated, any investor seeking a return would probably need to tighten the purse strings even more. (I guess if they were mildly competent, it could actually mean us spending efficiently). Oh well.