Same issues as Newcastle United - Manchester United new owners won't be able to spend more on players.
Manchester United new owners won’t be able to spend more on players – Same issues as Newcastle UnitedManchester United new owners won’t be able to spend more on players – Same issues as Newcastle United18 seasons; 5 Premier League titles, 1 FA Cup, 5 EFL Cups, 1 Champions League, 1 Europa League, 1 Club World Cup, over £1.1 billion net spend on transfers.
Not to be completely unfair on Manchester United fans, the vast majority of this success came before Ferguson’s departure in 2013, but they’ve still won multiple trophies since then and spent over £1 billion on transfers. This is something us Newcastle United fans can comment on with authority, with the PIF backed takeover coming to fruition after over a decade of the club “being up for sale”. Man U fans are very excited about the prospect of being rid of the current owners. While I do concur that their current owners are poor, I don’t think a takeover at Man U will be transformative for the club’s success on the field. I’ll get on to why in a moment.
The second bid is from Qatari banker Sheikh Jassim, who with his considerable wealth, wants to buy the club outright. This option is the preferred choice of the majority of Man U fans . Everyone’s anti-oil money until it comes knocking on your door!The first is that it will rid Man U of the Glazers completely, I think we can all sympathise with this. No Newcastle fan would have been happy for our current owners to keep Ashley hanging around as a part-owner.
The Glazers are guilty of many things as owners; allowing Old Trafford to fall further into disrepair, neglecting the training facilities, poor strategic planning, the list goes on. However, one thing they can’t be accused of is failing to spend money on players. Many Manchester United fans will quickly point to the fact they’ve financed this via costly borrowing against the club but, the fact remains they have found ways to finance some of the biggest transfers in football history.
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