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Nine shocking numbers of Manchester United ownership by the Glazers – planet football

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Manchester United ownership by the Glazer family is under scrutiny after unprecedented protests outside Old Trafford and the team’s hotel has seen its game against Liverpool postponed.

This latest wave of unrest was sparked by the club’s recent decision to join the proposed European Super League, but opposition to the Glazers dates back to when they concluded a debt buyout in 2005, which led to considerable protest movement. “ green & gold ”. and formation of the non-league club FC United Manchester.

Ever diligent financial blogger Kieron O’Connor (aka Swiss hiking) has reviewed United’s accounts since the Glazers buyout 16 years ago, with a detailed Twitter thread to read absolutely. Here are nine of the most eye-catching characters.

– Since 2005 United have generated £ 5.9 billion in revenue – by far the largest of any club in the country. This led to an operating profit of £ 467million, but thanks to £ 817million in interest payable the club actually recorded a net loss of £ 92million.

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– United spent £ 496million on interest payments between 2010 and 2020, more than all other Premier League clubs combined over the same period. Liverpool, for context, spent just £ 29million on interest payments during that time.

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– Net spending on player transfers since 2005 has been £ 1bn – £ 1.4bn spent on players, of which £ 400m is made through sales. Meanwhile, the club have also spent around 70% of the proceeds buying players to pay interest (£ 704million) on loans taken out by the Glazers.

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– Manchester United’s income tripled during the Glazers’ tenure from £ 173million to £ 509million – a growth of £ 336million. All the while, they have remained at the top of the tree in terms of income, but other clubs have surpassed them in terms of growth. Liverpool have increased by £ 417million and Manchester City by £ 370million.

– The club spent over $ 1bn on funding during the Glazers era – £ 1.1bn. That’s more than they spent (net) to buy players.

– In 2020, Manchester United received £ 140million in broadcast revenue. That’s more than three times the £ 46million the club received in 2006, the Glazers’ first full year of ownership, but he has been eclipsed by rival clubs who have enjoyed much more success in Europe. in recent years – £ 202million to Liverpool. , £ 190million to Man City and £ 183million to Chelsea last year.

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– Between 2010 and 2020, Chelsea achieved more than twice as many player sales as United. The likes of Everton and Southampton have also done more.

– Manchester United’s infrastructure spending between 2010 and 2020 is just £ 118million. Liverpool spent more than double (£ 238million), Brighton spent significantly more (£ 181million), while Tottenham’s new stadium and training ground grew 10-fold – 1.4 billion of pounds sterling.

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– The club are still in debt of £ 526million. Only Tottenham, thanks to their new stadium, has more.

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