Since the Glazer family's leveraged buyout of Manchester United in 2005, the club has incurred over 1 billion in interest payments due to the substantial debt taken on at that time. This strategy, designed to minimize initial investment by leveraging the club's assets, has proven costly. The Glazers have also taken out significant dividends, amounting to more than 150 million, fueling ongoing protests among fans. The financial strain is further compounded by high managerial costs, highlighting the long-term impacts of the Glazers' ownership on the club's health and performance.
"Over nearly 20 years since the takeover in 2005, Manchester United's total net interest cost on debt has grown to a staggering 1.06bn."
"This season alone, the club has spent 37m on crippling interest payments, demonstrating the financial struggle linked to the Glazers' leveraged buyout strategy."
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