One ting is clear here that the Glazers will not be selling the club Manchester United in a hurry as it is a CASH COW for them.
Now Manchester shares are registered in the New York Share Index., not in England. Now there are shares A group and B Group B group shares are more costly, In the year 2002 late Malcolm Glazer the father of the Glazers brothers. Bought the shares of Manchester United for 2.3Billion pounds.
Today Glazers own 67 percent of the voting rights at Manchester United so they can veto anyone who is against them.
Malcolm Glazer bought Manchester United after taking a huge loan, none of his money was used and so yearly the have to pay a interest on that loan, so selling becomes difficult.
Today the value of he shares is 2,33 Billion pounds, they have paid interest on the loan to a tune of 185 Billion pounds. The Debt of the club is 540million pounds.
The Glazers will ony sell te club for say four or five Billion pounds.
And the mew owners will have to spend 200 Billio pounds to make a new stadium.
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