devaney » Thu Aug 19, 2021 1:12 pm wrote:Investment, development and sustainability are the key factors of a business and wether fans like it or not football is very much a business and has been for a considerable time. I was listening to a Manchester United supporter this morning moaning about the Glazer’s and the fact that they have taken dividends in the region of £1b out of the business they have a majority shareholding in. He failed to add that they have allowed spending of £1b in net terms on players. Basically he was suffering from spoilt brat syndrome !! Now whilst I think the Glazer’s are a bunch of sh1ts lack of investment in the team has nothing to do with Manchester United’s failings over the last 7/8 years in the Premiership and in the CL. Bad management is the main reason for their on pitch failings and certainly not player investment. Having said that they still run a sustainable business.
I also think that had the Glazers not spent 1billion pounds the ManUre supporters would have rioted and probably boycotted matches considering what the Glazers are taking out of the club, so it is shrewd rather than generous. I always felt that they spend big to placate the fans to keep their money tree alive. I also read they have taken money out of the club to invest in other businesses. They spend within themselves but that is only because they make so much to begin with, they don’t seem to be spending on infrastructure that must be aging, they just spend on shiny players. They might be spending within their means but with a very short term outlook. Although they make so much more than us, our business model is better and at some point we will catch up and they will still be in lots of debt.