It is nearly 20 years since the Glazer family acquired Manchester United via a leveraged buyout
The Glazer family's ownership of Manchester United has reached a significant milestone, with the cumulative interest on their 2005 leveraged buyout surpassing £1 billion. This financial burden, stemming from debt financing, has been a point of contention among fans. Recent financial results reveal a £27.7 million loss and decreased revenue, compounded by severance payments to former executives. The club faces challenges in competition and financial stability, exacerbated by a high wage bill and reliance on Champions League participation to sustain commercial revenue.
