Linus Lindgren

CRAIG BROUGH / REUTERS

Europeiska toppfotbollen

Manchester United Football Club is an English football club based in Old Trafford, Greater Manchester. The club was formed as Newton Heath LYR Football Club, the works team of the Lancashire and Yorkshire Railway depot in Newton Heath, in 1878. The club split from the railway company in 1892 and remained under private ownership for almost 100 years, changing its name to Manchester United after being saved from bankruptcy in 1902. The club was the subject of takeover bids from media tycoon Robert Maxwell in 1984 and property trader Michael Knighton in 1989, before going public in 1991; they received another takeover bid from Rupert Murdoch's BSkyB corporation in 1998 before Malcolm Glazer's stake was announced in September 2003.
By the end of 2003, Glazer had increased his shareholding from 3.17% to around 15%, which he almost doubled in the year up to October 2004. His acquisition of John Magnier and J. P. McManus's 28.7% stake in May 2005 pushed his own up to around 57%, well over the 30% threshold that would force him to launch a takeover bid. A few days later, he took control of 75% of the club's shares, allowing him to delist the company from the London Stock Exchange, and within a month, the Glazers took 98% ownership of the club via their Red Football parent company, forcing a squeeze-out of the remaining 2%. The final purchase price of the club totalled almost £800 million.
Most of the capital used by Glazer to purchase Manchester United came in the form of loans, the majority of which were secured against the club's assets, incurring interest payments of over £60 million per annum. The remainder came in the form of PIK loans (payment in kind loans), which were later sold to hedge funds. Manchester United was not liable for the PIKs, which were held by Red Football Joint Venture and were secured on that company's shares in Red Football (and thus the club). The interest on the PIKs rolled up at 14.25% per annum. Despite this, the Glazers did not pay down any of the PIK loans in the first five years they owned the club. In January 2010, the club carried out a successful £500 million bond issue, and by March 2010, the PIKs stood at around £207 million. The PIKs were eventually paid off in November 2010 by unspecified means. In August 2012, as part of further refinancing, the Glazers sold a number of shares in Manchester United in an initial public offering (IPO) on the New York Stock Exchange (NYSE).Some Manchester United fans opposed Glazer's takeover of the club, particularly once they realised the level of debt that the club would have to take on after having been debt-free for so many years. Disgruntled fans launched the football club F.C. United of Manchester in 2005, which entered the North West Counties Football League and played in the sixth tier National League North from 2015 to 2019. Since 2005, the Manchester United Supporters' Trust has been working on a way of returning ownership of the club to supporters; in 2010, they met with a group of wealthy Manchester United fans – dubbed the "Red Knights" – to discuss a billion-pound takeover bid. However, the bid fell through when the Red Knights refused to meet the Glazers' valuation of the club.

Glazer ownership of Manchester United

Manchester United Football Club, commonly referred to as Man United (often stylised as Man Utd), or simply United, is a professional football club based in Old Trafford, Greater Manchester, England. The club competes in the Premier League, the top division in the English football league system. Nicknamed the Red Devils, it was founded as Newton Heath LYR Football Club in 1878, but changed its name to Manchester United in 1902. The club moved from Newton Heath to its current stadium, Old Trafford, in 1910.
Manchester United have won a record 20 League titles, 12 FA Cups, five League Cups, and a record 21 FA Community Shields. They have won the European Cup/UEFA Champions League three times, and the UEFA Europa League, the UEFA Cup Winners' Cup, the UEFA Super Cup, the Intercontinental Cup and the FIFA Club World Cup once each. In 1968, under the management of Matt Busby, 10 years after eight of the club's players were killed in the Munich air disaster, they became the first English club to win the European Cup. Alex Ferguson is the club's longest-serving and most successful manager, winning 38 trophies, including 13 league titles, 5 FA Cups, and 2 UEFA Champions League titles between 1986 and 2013. In the 1998–99 season, under Ferguson, the club became the first in the history of English football to achieve the European treble of the Premier League, FA Cup, and UEFA Champions League. In winning the UEFA Europa League under José Mourinho in 2016–17, they became one of five clubs to have won the original three main UEFA club competitions (the Champions League, Europa League and Cup Winners' Cup).
Manchester United is one of the most widely supported football clubs in the world and has rivalries with Liverpool, Manchester City, Arsenal and Leeds United. Manchester United was the highest-earning football club in the world for 2016–17, with an annual revenue of €676.3 million, and the world's third most valuable football club in 2019, valued at £3.15 billion ($3.81 billion). After being floated on the London Stock Exchange in 1991, the club was taken private in 2005 after a purchase by American businessman Malcolm Glazer valued at almost £800 million, of which over £500 million of borrowed money became the club's debt. From 2012, some shares of the club were listed on the New York Stock Exchange, although the Glazer family retains overall ownership and control of the club.

Manchester Uniteds ägare: Kan komma att sälja

Europeiska toppfotbollen

Dela

Relaterade ämnen

Mina bevakningar