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Tag Archive | "Red Knights"

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Forget transfer gossip, United’s future is at stake


So that’s it then. The decision has been made and it’s a final one. Who says so? The Manchester United chief executive David Gill that’s who. In an exclusive interview with The Independent newspaper he defends the Glazer business plan, dismisses the Red Knights and firmly insists that the club is ‘Not For Sale’. That’s it, end of story, any such thoughts are completely rejected out of hand.

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Bundesliga model may show the way ahead


Manchester United’s Champions League quarter final at Bayern Munich gave the BBC an opportunity to have a close look at two very different financial models of how clubs should operate in order to obtain long term viability. Many calls have been made for United to emulate the way that clubs like Barcelona and Real Madrid are run but Germany’s Bundesliga provides another alternative which should at least be given close consideration.

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United Supporters 1 v Glazer Family 0


Manchester United has confirmed it is freezing ticket prices next season. There has been criticism of the Glazer family for price rises since their takeover 5 years ago and many fans have joined a fast growing  green and gold protest against the owners. As recently as this month there had been speculation that further increases were in the pipeline but the club has now announced that prices will be kept on hold for the 2010/11 season.

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Red Knights raise £1.5 billion in bid for control


Sixty wealthy investors have pledged £1.5 billion in their bid to buy control of Manchester United in the latest development. The Glazer family is still adamant that the champions are not for sale but leaders of the Red Knights will be meeting today to go through a list of applicants ready to back a buyout.

“We thought we had 40, well it is now already 60 investors” one of the Knights said last night.

It may mean that a bid could soon be a realistic prospect and that the Red Knights will be in a position to make an offer that cannot be refused. Read the full story

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Show me the money…a whole £b of it!


“The club is not for sale” is the response to a hostile takeover bid by the Glazer camp! Surprise, surprise! Did anyone expect any other? It’s the typical statement made by any business facing a determined bid for a buyout. The expectation among fans is that finally, there is some light on the horizon. The call for “Game On” has been made.

Hopes are high amongst red fans that this is the start, a tentative first step towards finally getting rid of a family who has turned a well run, debt free, highly successful club into the most indebted one in the Premier League.

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