How the Glazer family cost Manchester United 1.2bn
Briefly

On June 28, 2005, the Glazer family completed their controversial takeover of Manchester United, accumulating £604 million in debts and provoking fan protests. Over 20 years, the club has paid approximately £1.2 billion in debt interest, dividends, and fees to the family, straining its financial resources and performance. The initial takeover was primarily financed through borrowed funds, with the club’s board warning of the risks associated with such high debt levels. As of June 2025, the implications of this takeover continue to be felt across the club's financial landscape.
The Glazers borrowed millions to fund their 2005 takeover, leaving Manchester United with £604m in debt, which led to alarming financial strain for the club.
Over 20 years, Manchester United has paid approximately £1.2bn in debt interest, repayments, dividends, and fees to the Glazer family, highlighting the financial burden.
Read at www.bbc.com
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