Manchester United, which is facing challenges both on and off the field, will not be spare any time soon. Recently, Abraham Glazer, the major shareholder, said that there is no way to sell more shares to anyone because he feels attached. Of course, it has confused Sir Jim Ratcliffe, the minor shareholder who has spent a lot of money.
The Glazer family has been the major shareholders of the Red Devils for almost 20 years. Going through many ups and downs. Until finally allowing Mr. Ratcliffe’s Ineos Sports to become a shareholder. And allow the organization to be manage in the direction it want.
Of course, the British billionaire’s intention is to gradually increase his rights to buy shares in United until he becomes a major shareholder. Following the แทงบอล UFABET ราคาดีที่สุด ไม่มีขั้นต่ำ ownership transition.
However, Avraham said he had no such thoughts due to his two-decade association with Manchester United.
“No… I’m not selling,” Avraham told Ufabet Sports during a meeting with US President Donald Trump.
It is a strong stance after reports that Manchester United’s debts have increased by more than £1 billion since the Glazer family took over as owners in 2005, and now hold a 69% stake.
The mounting debts are compound by the £14.5m cost to cover the dismissals of former manager Erik ten Hag (£10.4m) and former sporting director Dan Ashworth (£4.1m). Much of this was a mistake made during the Ineos Sports era.
It will be interesting to see how long Sir Jim will continue to work hard to manage this unprofitable club. Because no matter how well it does and how profitable it is or how impressive its performance on the pitch is,
They are still being suck out by the Jewish shareholders for their own profits. Even though they don’t have to put in any effort.