subject: Manchester United Debt Hits All time high at £1.1 bn | Glazer's are in Trouble [print this page] Manchester United Debt Hits All time high at 1.1 bn | Glazer's are in Trouble
There can be few who are surprised by the increase in level of debt as uncovered by Panorama and for all we know this in itself may be a very conservative estimate of just how poor shape the Glazers, and therefore Manchester United, are in.
Anyone, and that includes David Gill, who believes that the huge financial problems the Old Trafford owners have do not reflect on the Premier League club are living in a fantasy world. What the Americans have done to the club is bordering on the criminal and one can only hope that more pressure can be heaped on their shoulders by the club's supporters and now this BBC programme
Greed is all that matters to these people. No one will argue that football clubs are businesses just like any others but it is also unarguable that to put bad businessmen in charge of one of the biggest football clubs on the planet will not end without some very serious repercussions both on and off the field.
Good luck to all those who attempt to unseat the current owners and hopefully before long they will have the decency to leave. The problem then is dealing with the after effects of their reign, which much like an oil spill can have lingering effects that are both unpalatable and unhealthy for all those who feel its effects that goes down from the managers the players and to the fans. So United can say goodbye to new Signings in the Summer they might even have to sell some of their big name players if that really is the case than United will have to sell the club and rebuild again. But Than again Sir Alex is there so no worries for United Fans.
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