Overseas shareholders have cooperatively
doubled the worth of some English clubs from £2.770bn to £5.790bn 10 years
after Manchester United was bought by the Glazers. The United was bought by Glazers
for £790 million and now the value of the club is increased at £860m into £1.65bn
revealed by Mail on Sunday. There are 27 clubs of 44 In the Premier League and
Championship combined with a foreign owner or co-owner along with 33 diverse
parties with a shared wealth of £69.85 billion convoluted. The MoS reveal 24 of
those clubs are organized by foreign holders including Glazers shareholder at Manchester United. Those
clubs now value an appraised £5.788bn that collectively has been paid £2.765 billion
by these holders.
Outrage
toward Glazer Takeover
In 2005, the Glazer takeover was
disapproved by Manchester United supporters by expressing their dislike with a demonstration
outside Old Trafford. This week is the celebration of Glazers shareholder at Manchester United 10
years ago that now became majority shareholders of Manchester United. The
Glazer family is a company from Tampa, Florida that made a force takeover that incited
pervasive anger as it piled debit onto United. As the English game was
commendably whipped off, dozens more tailed that buyout causing an argument that
still fury about the ownership of fit-and-proper holders and precious public
assets.
