The Glazers have not spent a cent for this club but they have taken hundreds of millions from the club. That is why United are so bad right now.
So, the Glazers. Are they parasites? Blame game topic.
- Thread starter Henrik Larsson
- Start date
Brilliant article, thanks for sharing.
You're not going crazy at all. You're just not comparing like with like.Am I going crazy, or does the graphic from a recent article in the Guardian (link here: http://www.theguardian.com/football/blog/2014/aug/20/glazers-thrive-manchester-united-flounder-ed-woodward) show net spend on players to be less than zero in the past few years? That is not consistent with United's audited financial statements.
This is net spend from United's investor presentation.
The Guardian chart, objectively, shows total revenues going up quite dramatically. And as a result net spend on players effectively standing still.
The Glazer chart, subjectively, shows net spend on players as a function off net revenue from player sales. But that chart ignores the massive growth in club revenue.
That's the point anyone who criticises the Glazers are making. This club has the potential to out punch most clubs in world football financially but it simply doesn't in the transfer market. Why? Because these owners are parasites.
Didn't read it Ken; I was fully committed to providing a technical solution in order to assuage your sense of impending insanity. Turns out that the solution was as obvious as the mistake was lame.
David Conn on a Glazer owned United wouldn't be the epitome of impartial-observer reportage.
No.
Maybe - in theory the club could use excess cash for a share buyback.
Yes - the FA are still mostly useless on that kind of thing.
I read it - I just didnt agree with your suggestion that Arsenal are outdoing us in the transfer market.
I can understand what you are complaining about but I doubt that the Glazers have much if any influence over individual transfers - more likely they just approve a certain budget and then leave it to the manager and CEO to spend it as they see fit.
Would you be happier if we spent less in total but got bigger names like Arsenal in the past 2 years? Im sure the Glazers would be happier with that as it costs the club less
There is a very good reason - the Glazers gave Fergie full control over the footballing side of the club, he never had that much power and freedom to implement his ideas under the PLC or Edwards, so why would he complain?
Totally agree, early in their tenure we could get away with it. Since the massive injection of money into the EPL and European clubs we are no longer at the top table. When was the last time that we were able to compete for the signing of a top european or global talent in the ascendancy?
The world has moved on, but we haven't.
We're actually not that far off in terms of squad, we're in dire need of quality so yes I would prefer to see money spent on big signings.
Your absolutely right that the Glazers will be approving the budget, it's taken us near 7 years to break our own transfer record when once we where the ones making the running.
As an aside I personally will not be happy with our owners until they've fecked off, I've already voted with my feet but the success we've maintained under Fergusons genius has papered over the cracks.
Now we're all turning to blame Ferguson for the squads shortcomings despite him being in for top tier players and ultimately falling financially short. Not paying agent fees, no value and other such horseshit.
Our owners are what they are, let's face it we all know what that is.
Utter parasites. Leveraged buyouts are basically fecking evil. Hope in the wake of this laws are passed protecting clubs from this sort of unrestrained capitalism, seems pretty unlikely though.
Really the best way could be a situation like Swansea; where the club is at least partially supporter owned, but that's near impossible when you're in the top-flight.
Really the best way could be a situation like Swansea; where the club is at least partially supporter owned, but that's near impossible when you're in the top-flight.
If they keep doing what they are doing we're in serious trouble. I hope those protests start. I don't think they'll do much but maybe some of that cash raised from selling off stake in the club can pay off the debt entirely as opposed to line the Glazers pockets.
http://fusion.net/story/132674/glazer-10th-anniversary-manchester-united-alex-ferguson/?
Interesting read...agree or not.
Interesting read...agree or not.
Start a new thread, bro.
Agree with @gooDevil. It's worth starting a new thread.
Just quickly on the article. Most of his points are valid until he starts to talking about matters on the pitch(Then it turns into personal opinion)
Still a decent read.
You just have to ask one question to answer this. Would we have been as, or more, successful without them?
Yes.
Yes.