Glazers Slap Mega £4bn Price-tag On Man Utd 


Glazers
  Glazers Slap Mega £4bn Price-tag On Man Utd By Admin The Glazers won't be leaving Manchester United any time soon despite the debacle of the European Super League falling through. If anyone does want to step in, they will need to match a jaw-dropping asking price of £4billion, the Mirror report. That's what the Florida-based family believe they would have earned if Europe's proposed league of titan clubs had been brought to life. Added with the club's heritage, Manchester United are the fourth richest club in the world with revenue of £580million in revenue from the 2021 Football. The Glazers 16-year ownership of the club has been hugely unpopular with the fans since the 2005 takeover and on Thursday, the backlash was overwhelming. Fans protested outside the club's training ground and blocked entrances to the Carrington pitches meaning team training was postponed by Ole Gunnar Solskjaer. Manchester United were leading the charge in England for a European Super League along with another American owner John W Henry at Liverpool, who publicly apologised afterwards. There has been no retreat from the Glazers because they believe the European Super League, backed by guaranteed income from investment bank JP Morgan, would have significantly increased the club's value. Regardless of where they rank among the high-earning clubs, United have still racked up significant debt. In March, it was revealed the 20-time league champions had to borrow £60 million to cover a net debt of £455.5million. Still, the Glazers stand firm behind the club's commercial power to justify their demand for billions to release their grip at the helm. The latest deal includes a five-year shirt deal worth £235million from German technology company TeamViewer, which will replace Chevrolet next season. Chief Executive Ed Woodward won't be around beyond 2021 following his resignation to the delight of frustrated fans. Unless a big cheque containing many zeros is found from a potential buyer, the Glazers are not moving.
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Niyi Busari

Award winning journalist, Niyi Busari, the Publisher and CEO of BSN Sports Concepts is one of the most celebrated Nigerian sports journalist of his generation. A"cross-over" professional, he combines the talents and abilities of a print and electronic journalist in a manner that is rare, even though his specialization is print. A graduate of Economics from the University of Abuja where he obtained his Bachelor Degree in 2015.

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