Tangles
International Vice-Captain
SAF and his "there's no value in the market" is BS. No way he had funds like this that early in the Glazers ownership. It's only there now for CL qualification.A number of problems with this statement
Firstly, SAF himself has claimed that the Glazers never denied him funds for any player so the complaints that the Ronaldo money wasn't reinvested in the squad is irrelevant
Secondly, many EPL teams are "clubs" in name only - they are businesses where the fans are paying customers
Thirdly, it is well known that other parties had the opportunity to buy the business but were unsuccessful for a variety of reasons
However, whether the ultimate owner was a Glazer, Murdoch or supporters group, it was always going to be saddled with debt because that is how these things are funded
IMO, MU supporters owe some level of gratitude to the Glazers as there have been plenty of worse owners than them (e.g. look at Murdoch's history of sports club ownership in Oz)
Can't think of any other clubs that have been subject to a LBO. There's other ways to raise cash without insane debt levels. Plus they only exist so they could buy. They are not spending cash now to be nice. It's to lift the performance of a line item.