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Why was Manchester United sold to Malcolm Glazer?

Updated: 8/18/2019
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14y ago

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Football clubs in England are publicly listed companies, basically available to anyone who puts in a bid that satisfies a majority of shareholders. This is not the case in, for example, Germany - where at least 51% of any professional club must be owned by it's members, i.e. the fans - or Spain where Barcelona and Real Madrid are wholly owned by the club's members.

What I still can't get my head round is how it's possible to borrow the money for a big purchase like that of Manchester United or Liverpool and then transfer the debt accrued onto the thing you just purchased. It just doesn't make sense.

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14y ago
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Q: Why was Manchester United sold to Malcolm Glazer?
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