Bayern Munich Inks Deal With Goal.com Executive Transactions SUM Named CONCACAF Cup Rep London Aims To Be Global Leader In '17 Scotland Partners With Tennent's Winterkorn Laments EPL's Deep Pockets Twitter Me This ... Cayman Islands Police Looking Into CIFA The Starting Five Aussie Horse Trainer Cummings Dies
Enter amount in full numerical value, without currency symbol or commas (ex: 3000000).
SBD Global/May 30, 2014/People and Pop Culture
Malcolm Glazer's Legacy As Manchester United Owner Examined Following Death
Published May 30, 2014
FAMILY MATTERS: In London, Mark Ogden reported while the death of Glazer "will have no immediate effect" on ManU's day-to-day affairs, the long-term implications "may only become clear through the actions of the three unknown Glazers on the Old Trafford board." KEVIN and EDWARD GLAZER, and their sister, DARCIE GLAZER KASSEWITZ, "are the low-profile members of the family, but they own the same stake in United" as the club's co-Chairs JOEL and AVRAM GLAZER and Dir BRYAN GLAZER. Joel, Avram and Bryan "are regular visitors to Old Trafford for first-team fixtures, but while Kevin is known to have attended at least one United game, Edward and Darcie have shown less inclination to make the trip from Florida to Manchester during the family's nine-year reign as the club's owners" (TELEGRAPH, 5/28).
LARGE SHADOW: The BBC wrote for someone who "never actually set foot inside Old Trafford," Glazer "casts an extraordinarily large shadow" over ManU. Glazer's stewardship "split the United fan base." Some "were ambivalent, preferring to concentrate on matters on the field." The majority "were vehemently opposed." There were plenty -- including, DAVID BECKHAM -- "who maintained their association with United but made their feelings plain by wearing the green and gold colours of the club's first ever strip, which protestors adopted as their uniform of choice" (BBC, 5/29). In London, Lewis Smith reported even after a decade of continued success, however, many ManU fans "accused him of using the club’s money-making capacity to finance other debts rather than using it to invest in transfers and the club’s future." The club "was debt-free when he bought it but now has debts" amounting to £400M ($668M). He "borrowed to finance the purchase and then used the profits to pay off interest" (INDEPENDENT, 5/28).
NOT A FAN: In London, Jim White wrote "To paraphrase" JOHN F. KENNEDY, when he took over the club, Glazer "was not interested in what he might do for Manchester United." He "was solely motivated by what Manchester United might do for him." Glazer "had no concern about being a custodian of the club’s history, tradition and cultural standing." He "was not a fan." What attracted him to the most profitable football business in England "was straightforward: he was in it for the money." Glazer "had many charitable interests at home in Florida." He "was also a family man, and his passing will be mourned." But "he was an owner who should never have been allowed into English football" (TELEGRAPH, 5/29). In London, David Anderson wrote "judging by all the noises coming out of Old Trafford, nothing will alter in the running of Manchester United." Although some ManU fans "will not mourn Glazer's passing, he was shrewd enough to follow one important business maxim -- if it ain't broke, don't fix it." Unlike some foreign owners, who "try to pick the team for their managers or drag them half way round the world for meetings, Glazer took a back seat completely and never interfered." The Glazers "are far from being absentee landlords." Although Glazer's shadow "never darkened the door at Old Trafford, Joel, Avram and their brother Bryan are regular visitors" (DAILY MIRROR, 5/29).