Avram Glazer now faces tough questions about his future at Manchester United. A reporter cornered the unpopular co-owner on the streets of Miami as he headed off to meet Donald Trump.
The encounter has stirred the media and intensified scrutiny over the Glazer reign.
The Glazer family has steered Manchester United for nearly 20 years. Their long tenure has coincided with growing fan anger over the club’s financial woes. Supporters believe poor decision-making has undermined the club’s proud heritage.
The American owners still control the club with a 69% majority stake. Over a year ago, they sold only a quarter stake to Sir Jim Ratcliffe’s Ineos. Despite this deal, the Glazers maintain absolute control, fueling further protest from the fanbase.
When asked by Sky Sports about selling the club, Avram Glazer gave a clear answer: “No.” This firm stance dashed hopes that new investment might ease the mounting pressure. Fans and critics alike remain disappointed by the lack of change.
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The financial issues run deep. Debt from the 2005 takeover reportedly reached £1bn. Interest payments on this leveraged buyout now exceed £1billion, adding to the club’s financial strain.
Recent figures reveal even more concerns. Manchester United spent £14.5m on managerial dismissals—£10.4m for Erik ten Hag and £4.1m for Dan Ashworth. The current debt stands at £516.5m, while record revenues between £650m and £670m are predicted. EBITDA forecasts now hit the higher end of a £145m to £160m range.
A spokesperson for the Manchester United Supporters’ Trust slammed the mismanagement. They highlighted £19m in debt interest over six months and a disastrous record in player trading. Every league drop now costs an extra £4m in lost prize money, deepening fan frustration.
The debate over ticket prices adds fuel to the fire. Recent £66 ticket price increases raised less than £2m—a trivial sum amid the crisis. Fans demand a freeze on prices, urging players, management, and owners to unite and restore the club’s former glory.