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Man Utd fans slam Glazers as it's revealed they've only invested small amount

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Man Utd fans slam Glazers as it's revealed they've only invested small amount

MANCHESTER UNITED fans have been left shocked after discovering just how little money the Glazer family have actually put into the club.

The Glazers acquired a controlling stake in United almost 20 years ago after taking over from Irish investors JP McManus and John Magnier.

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The Glazer family has invested just £45m of their own money in Man Utd since buying the clubCredit: AFP

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Sir Jim Ratcliffe purchased 25 per cent of United this yearCredit: Getty

They had already owned around 30 per cent of the club, however that increased to 57 per cent once the deal was completed.

Scottish entrepreneur Harry Dobson then handed over his share to up the Glazers’ ownership to 62 per cent.

By June 2005 they owned 98 per cent of shares and control of Man Utd – much to the dismay of fans.

Fast-forward to 2024 and supporters are STILL unhappy with the American family.

Man Utd have endured a steady descent since Sir Alex Ferguson left Old Trafford in 2013.

Last season they suffered their worst-ever Premier League campaign, finishing eighth in the table with a negative goal difference.

But they managed to salvage a spot in Europe by winning the FA Cup final against Manchester City in May.

Many fans have put the club’s disastrous fall-off down to the Glazers and their lack of investment.

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And they might have a point.

In total, the Glazers bought United for £800m. But it was a leveraged buyout with the club being lumbered with millions in interest payments as a result.

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In fact, according to The Athletic, the Glazers have invested on £45MILLION of their own money in the past TWO DECADES.

Fans have been left furious as a result, with one person writing: “£45million in almost 20 years from the Glazers is absolutely criminal.”

In comparison, the owners of newly-promoted Ipswich Town have put £83m into their club.

Southampton’s owners have pumped £85m into the Saints and Bill Foley has put £93m worth of funding into Bournemouth.

Overall, it is unsurprisingly Chelsea‘s owners who have put in the most money.

Todd Boehly‘s consortium bought the club for £2.5billion in 2022 and gone on a mega spending spree.

In just two years, the American billionaire and BlueCo have pumped a whopping £146m into the Stamford Bridge side – more than three times the amount the Glazers have personally invested.

Premier League owners investment

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Premier League owners investment

It is, of course, Man City‘s Abu Dhabi owners have invested the most of their own money into a club.

In face, since purchasing the club in 2008, CFG has put £1.3BILLION worth of funding into the club – and the Cityzens have certainly been reaping the benefits.

In what could perhaps be considered the biggest surprise in the findings, Fulham boss Shahid Khan has invested £788m of his own money into the Cottagers.

Not only has he continued to invest in the squad, he also recently put aside a huge chunk of money to develop part of Craven Cottage.

Similarly, Everton chief Farhad Moshiri has invested £750m into the Toffees since 2016 – most of which has gone into the club’s new Bramley Moore Dock stadium.

Despite the lack of investment, Man Utd have been pushing to turn things around since Sir Jim Ratcliffe arrived.

The British billionaire purchased a 25 per cent stake in the club at the start of the year and has since taken over football operations.

Ratcliffe has been a key figure behind some major changes at Old Trafford recently – including the dismissal of Erik ten Hag and the arrival of new head coach Ruben Amorim.

Source link – thesun.co.uk

Tags: Erik Ten Hag, Man Utd transfer news, Manchester United, Ruben Amorim, Section: Sport:Football, Section: Sport:Football:Premier League, Sir Jim Ratcliffe

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