What is success? It was an interesting question posed by Bayern Munich general manager Uli Hoeneß recently as the Bavarian side sneaked through to the Champions League quarter-finals by defeating Arsenal. Money, the determinant on many supporters’ lips, is only part of the solution says the former German international. After all, while finance is a [...]
Friday, August 10, 2012
There was something vaguely sickening about the spectacle as Manchester United’s chief executive David Gill, adorned by two grinning Glazer brothers, rang the opening bell at the New York Stock Exchange this afternoon. Brothers-in-arms to a less than noble cause: the continued fattening of the Glazer wallet at United’s expense. Indeed, the sight of Gill [...]
Wednesday, August 8, 2012
Though last season’s climax will linger odiously in the minds of Manchester United fans, the summer which has followed is one easily forgotten. On the pitch, the absence of key players, due to international commitments at both the European Championships and Olympics, has seen United’s depleted squad score just three goals in five games against [...]
Thursday, August 2, 2012
Manchester United’s commercial team launched the club’s investor roadshow on Thursday ahead of an Initial Public Offering (IPO) in New York this August. The team, comprising chief strategist Edward Woodward, commercial director Richard Arnold, and operations head Michael Bollingbrook, is meeting potential investors in Asia, Europe and the US ahead to drum up interest in [...]
Tuesday, July 31, 2012
Long long time ago, I can still remember, how the Stretford Paddock drove me wild I knew that if I did my time, up those steps then I would climb and Busby’s love would hold me like a child The ’85 start made me shiver, at those 10 games Fat Ron delivered Then 91 through [...]
Tuesday, July 31, 2012
Sir Alex Ferguson is likely to profit from the Glazer family’s partial flotation of Manchester United, documents filed with the US Securities and Exchange Commission (SEC) revealed on Monday. The legendary United coach, who has been forthright in his defence of the Glazers since the American’s summer 2005 leveraged buy-out, may benefit from a share [...]
Thursday, July 26, 2012
The Glazer family’s very long mooted Manchester United flotation may be off for a third time after the Financial Times confirmed that an initial public offering (IPO) planned for New York this summer is on “pause” for an undetermined period. Citing volatile market conditions, the FT says that the IPO may now not take place [...]
Sunday, July 22, 2012
“Real fans,” said Sir Alex Ferguson on Saturday, will look at the Glazer family’s debt-fueled ownership of Manchester United over the past seven years and conclude that it “has not affected the team.” It was an assertion made by the 70-year-old manager that sparked a furious debate across social media, with Ferguson, not first the [...]
Thursday, July 5, 2012
One thing can be said for the Glazer family: they’re happy to go a long way to keep a secret. More than four and a half thousand miles from Manchester United’s base at Old Trafford, to the corporate tax haven on Grand Cayman in the Caribbean Sea, to be precise. But while the Americans seek [...]
Thursday, June 14, 2012
Manchester United owner, the Glazer family, is exploring options to float the club in the United States, reports Reuters this week, after abandoning a mooted Asian IPO for the second time. Seeking up to £600 million in a partial floatation, the Glazers have now binned attempts to list the club in both Hong Kong and [...]
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Monday, March 25, 2013
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