Players.bio is a large online platform sharing the best live coverage of your favourite sports: Football, Golf, Rugby, Cricket, F1, Boxing, NFL, NBA, plus the latest sports news, transfers & scores. Exclusive interviews, fresh photos and videos, breaking news. Stay tuned to know everything you wish about your favorite stars 24/7. Check our daily updates and make sure you don't miss anything about celebrities' lives.

Contacts

  • Owner: SNOWLAND s.r.o.
  • Registration certificate 06691200
  • 16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
  • Czech Republic

Who are the Glazers and why Manchester United fans don't want them?

Manchester United's U.S. owners, the Glazer family, have said they are looking at options for the most decorated Premier League club, including a potential sale. Who are the Glazers and why have they been unpopular with the club's supporters?

THE GLAZER FAMILY BUSINESS

Malcolm Glazer, who founded the family business, run since his death in 2014 by his children, had invested in real estate and other businesses since the 1970s.

In the 1980s he founded First Allied Corporation, which has served as a holding company for the family's business, including dozens of shopping malls across the United States.

In 1995, Glazer bought National Football League side Tampa Bay Buccaneers for a then-NFL record of $192 million. In 2005 he had completed a debt-driven takeover of the Old Trafford club, which is now owned by his six children - Avram, Joel, Kevin, Bryan, Darcie and Edward.

Forbes estimates the family's worth at $4.7 billion.

HOW MUCH DID THE GLAZERS PAY AND WHAT IS THE CLUB WORTH NOW?

The Glazers bought United for 790 million pounds ($942 million) in 2005 in a highly leveraged deal which has been criticised for loading debt onto the club.

They sold 10 per cent of their holding via the 2012 U.S. listing and have sold more shares since but the Glazers retain majority ownership. Manchester United's valuation as a public company peaked at $4.3 billion in 2018. It was worth $2.5 billion at the close of U.S. trading on Tuesday.

FAN PROTESTS

The Glazers have been criticised for burdening the club with debt and hundreds of fans used the first home game where Joel, Avram and Bryan were in attendance in 2005 to stage protests against the takeover.

But the club remained successful on the pitch under former manager Alex Ferguson, capturing five

Read more on channelnewsasia.com