How the Glazer family cost Manchester United £1.2bn
Summary
The Glazer family took over Manchester United Football Club in June 2005, which resulted in significant debt for the club. Since then, about £1.2 billion has been spent on debt-related costs, dividends, and fees. Despite the financial burdens, the club's market value has grown, and it has spent substantial amounts on new players, although recent performance on the field has been mixed.Key Facts
- In June 2005, the Glazers completed their takeover of Manchester United with a £790 million deal.
- The takeover added £604 million in debt to the club.
- Since then, about £1.2 billion has been spent on debt interest, dividends, fees, and repayments.
- The Glazers have significantly increased the club's commercial revenues from £55 million in 2006 to £303 million in 2024.
- Manchester United's market value was over £3.2 billion in May 2025, a significant increase from when the Glazers bought it.
- The club has spent over £2 billion on new players since 2012.
- Under Glazer ownership, the club has won 15 major trophies, although only five were after 2013.
- Last season, Manchester United finished 15th in the Premier League, the club's lowest finish since 1974-75.
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