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					Manchester United Under Malcolm Glazer

<p>Manchester United is a term which is known to football fans all over
the world. It is a football club, an English football club to be precise.
It is based on Old Tafford, United Kingdom. They are also known as the
"Red Devils" of England. It is one of the most famous and popular
football club with more than 300 million supporters all over the world.
300 million can be roughly estimated as 5% of the total population! They
are the most successful and influential club and ever since the 1990s
they are rumored to be the richest clubs in existence. The club had a
humble beginning during the initial stages and was even closed down on
number of occasions due to mounting debts.</p><p>Being initially called
the Newton Health Y&R, it was said to be sponsored by a health club. Five
European trophies have been credited to them ever since the club came
into existence. This included one international cup, one European super
cup, two European champion's cup, one cup winner cup. They were bestowed
with 12 domestic cups and 16 premier league cups too. They were also
relevant in finding and establishing Europe's G-14 football club. Malcolm
Glazer who was an American businessman had invested on Manchester United
in 2005. He had paid a staggering $1.47 billion just for a 28.7% share on
the team. It was after a year long battle in the courts that he could
ultimately get his hands on the team.</p><p>He had faced difficulties in
claiming the club, due to the facts the takeover had made the club poorer
by $850 million. Also he being a businessman, fans did not like the idea
of a business man holding the reins of one of the most successful
football clubs of the world. They had hoped for someone who had adequate
knowledge about the sport to invest on the club. Escalating prices of the
tickets also angered the fans as the club often received hefty sums from
advertisements and sponsorship dealings. A vast majority of the fans even
went to the extent of not renewing their season tickets for the forth
coming matches of the Manchester United. Songs disrespecting Glazer and
his sons can still be heard on many matches played by Manchester
United.</p><p>Fans worldwide have been largely discontent by the takeover
of the club by Malcolm Glazer. He had played significantly no role in the
upcoming of the football club. His children were the ones who enjoyed
director posts of the club for sometime. Despite these shortcomings, the
club has surged forward under his guidance. He had spent quite large sums
of money on the club and even more in roping the world's best football
players into the club. The club had won two major cups in 2008 itself,
the English Premier League and UEFA Champions League. It is to be noted
that the Glazer group does not interfere with the daily business dealings
of Manchester united and have left such activities to David Gill, the
chief executive of Manchester united. Steep increase in the prices of the
tickets had prompted many faithful followers to stay away from the club
matches.</p><p>Majid Al Ahmedi is an experienced football writer and
webmaster. You can visit his <a target="_new"
href="http://www.trulyreds.com/">Man United fan site</a> for more news
and discussion about Manchester United and English football.</p>

				
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posted:7/13/2010
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