Sunday, May 9, 2021

No special relationship like this: American owners check history of investment in English football


Peter Kenyon – a former Manchester United chief executive – agrees with the character descriptions of his former team owners.

“I’m not sure that the people who are in that club now know what the club is.”

The postponement of the game between Manchester United and Liverpool on Sunday due to fan protests – which turned ugly at times – was brought to sharp attention as the Glazer family ran the Premier League majority of Successful team.

More than 1,000 protesters estimate that the pitch was attacked at United’s Old Trafford Stadium before the match against Liverpool.

Some 200 people gathered outside The Lorry Hotel, Salford, in protest against the club’s American owners, where the United players stayed before the match.

In response to the protest, Manchester United issued a statement, saying: “The club has no desire to see peaceful protesters punished, but will work with the police to identify those involved in criminal activities, and also their own sanctions for any weather ticket holder or identified member. We will continue … We are committed to dialogue and engagement with our fans through fans and other appropriate channels. ”
United fans’ dissatisfaction with the Glazers has intensified after six top clubs in England signed up last month European Super League (ESL) – A multibillion dollar contest featuring the 12 largest teams in European football. Manchester United was one of 12 clubs.

While the venture collapsed less than 48 hours after it was first announced, the lack of fan consultation affected many supporters – and not just United – who are intent on getting some glimpses of control they see. Pay good money for

The six founding members of the Premier League eventually withdrew from ESL, starting with Chelsea and Manchester City, following widespread criticism by fans, media, politicians and even royalty.

Arsenal and Liverpool’s involvement in the failed Super League project has led to dissatisfaction between Liverpool chairman Tom Werner as well as fans of their respective owners Cronke and Henry.

Arsenal, for example charge Fans up to $ 132 for participating in a game.

On Monday, the Premier League released a statement stating that “the power of feeling and the fans have the right to know what’s going on” while addressing the Old Trafford protests.

“We are committed to maintaining close dialogue with supporters and their representatives, as we identify a solution together with the FA and the government, but ask that all protests be peaceful,” the statement said.

CNN has reached out to the Glazer family, Cronke and Henry for comment.

The United Trinity statue is seen as being owned outside Manchester United's Glazer's Stadium.

debt

Since taking over Manchester United in 2005, the Glazer family – which also owns the NFL’s Tampa Bay Buccaneers – has never really won fans.

Manchester United Supporters Trust (MUST), a group of more than 200 club supporters, said in a statement on Monday, “After sixteen years a member of the Glazer family has never interacted so much with us.”

When the Glazer family took over the club, fans who spoke to CNN feared it would be saddened by the debt and the family was purely interested in its brand, rivaled only by Real Madrid and Revenue. Manchester united Was A debt-free club before purchasing the Glazers team.

According to the club’s latest accounts released on 4 March 2021, the club’s net debt is $ 630.7 million (£ 455.5,000). In December 2019, before the onset of the coronavirus pandemic, the club’s net debt reached $ 283.16 million (£ 203.6 million).

Joel and Avram Glazer as they attend a training session.

It was not the first time United fans protested on Sunday. In 2010, MUST organized a protest, with fans wearing green and gold scarves for the game, the club’s original colors – ironic red and white necklaces.

While glazers point to a meteor Increase In the club’s commercial revenue, MUST is asked for a more fan-oriented ownership model following Sunday’s protests.

In its Monday statement, it should outline a four-point plan “to reorganize the existing ownership structure in favor of supporters”, seeking a response from the Glazers by Friday.

Part of that plan called for a “share scheme”, which gives fans the same voting rights as the Glazer family.

In one of the points, Manchester United fans are being offered the opportunity to buy the Glazer family shares at the club, unless they are “at least minority or indeed fully bought.”

That type of model prevails in the 50 + 1 ownership rule German football, Where external investors and commercial partners – such as Audi or Adidas – are not allowed to gain control, rather than ensuring members, often fans too, retain the majority ownership of the clubs.
Arsenal's Stan Kronke looks ahead of the FA Cup final between Aston Villa and Arsenal.

Genie out of the bottle

Although Manchester United and the Glazers are currently in the headlines, fans have vented their anger at other US-based bosses in recent weeks due to their participation in ESL.

At Arsenal, protests a few weeks ago took place outside Emirates Stadium in London, with Kroenke seeking to sell his shares in the club.

Although Arsenal fan and Spotify founder Daniel Ek announced his intention to submit a bid for the club, Kroenke insisted that he had no intention of selling.

In Liverpool, which has boasted a close connection to its fans – a slogan symbolizing “This Means More” – the news was not very good when the club signed up for ESL.

Liverpool owner John W. Henry (left) and president Tom Werner after the UEFA Champions League final in Wanda Metropolitano, Madrid.

Subsequently, in a video posted on Liverpool’s social media, club owner Henry, considered one of the key drivers behind the Super League, cut a contrasting figure.

“In these last 48 hours, you were very clear that it wouldn’t stand. We heard you. I heard you. And I want to apologize to Jurgen. [Klopp, manager], Billy [Hogan, CEO]The owner of MLB Giants Boston Red Sox owner Henry said, for the players and everyone who works so hard in Liverpool to be proud of their fans.

“They were the most disrupted, and did it the wrong way. That’s what hurts the most. They love their club and work to make you proud every single day. I know the whole Liverpool team We have the expertise, leadership and passion necessary to believe in and help. We move forward. ”

Specific results vary for opposing fans.

Arsenal fans were holding placards during the protest against club owner Stan Cronke.

Some would like to see different owners in their clubs, while others would like to see the 50 + 1 ownership model being implemented in the UK in Germany, but the message is clear: whether or not the clubs’ perceived wealth is different from the owners who Are entirely focused on revenue generation.

Britain government would like To tamper Legislation to change the laws of ownership of football remains unclear.

However, the past few weeks have revealed that Jinn is out of the bottle – fans want these English clubs to actually see him.

.



Source link

Translate »