People can debate forever about whether the leveraged buyout, debt management and stock grants constitutes “bleeding the club dry.” However, cooler financial minds can, and have, pointed to the fact the club still remains a financial powerhouse and certainly capable of competing.
Beyond “bleeding the club dry”, there’s the pipe dream that United should be owned and run by fans, or fantasizing about a Mideast royal family or oligarch will buy us. Just like folks who haven’t watched the latest episodes of “when directors of football go bad” or “what happens when a rich dude badly mismanages your club and it all goes tits up and your beloved club is in liquidation” they ignore all the risks and point to whatever the flavor of the month is: City, Barca, Pool, Chelsea, Leicester, Monaco, Bayern, Dortmund, etc and wag their fingers ... “that’s how we should be run!!!”
Some right shite gets spouted on here like gospel.
“Glazers & Woody only care about top 4.” This is considered fact because Moyes and Van Gaal were sacked after falling out of the CL spots. To me, that implies top 4 is a minimum, not a maximum goal. However, this bleeds into the next narrative...
“Glazers and Woody don’t care about our football, traditions, etc. Just top 4 & money”. First off, this would be an incredibly daft assumption to make, that owners would intentionally and stupidly and actively seek to dilute the brand of Manchester United. Whether Moyes, Van Gaal, or Mourinho were the right choices is certainly valid. We’ve made some poor choices. But I hardly think anyone with half their wits about them thinks Woody said to the Glazers, “Let’s get someone who plays shite football in, ruin our brand and investment and alienate our fans in the process, and maybe scrape 4th. Sound like a plan lads?”
Fecking nonsense, that. Nobody ever considers that maybe, just maybe, we sacked Moyes and LvG because the football was shite and they heard the voice of the fans. Nope, we all know it’s because we didn’t make Top 4 and that’s all they care about. Simples.
“Nobody at the club has any knowledge of football, we’re run by bankers”. Football’s a business, and surprise! Madrid, Bayern, City, Pool, Monaco, Barca and every other football club are businesses too. You know what happens when you overspend and run a club solely based on football hopes instead of a sound business model? Rangers. Villa. Wimbledon.
From everything I see, we weren’t prepared to piss money up a wall for no reason.
Maguire we probably identified after the World Cup and it would’ve cost a bomb. In fact, I’d go so far to say Leicester wouldn’t have sold to us so late anyway. I like Maguire, but that late it would have been a world record fee.
Alderweireld, from the brief it sounds like we were half-hearted. Tottenham approached us for Mata and Martial. People forget we tried to pry Dier lose last season, and he was apparently first choice over Matic. It’s certainly conceivable we had no stomach for paying a premium on a player coming off a major injury, intentionally running down his contract, and out of favour at his club the end of last season, who we can pick up for £25 mill release clause next year, especially to Dániel Levy.
Boateng on a premium fee with high wages would have been one of the shittiest pieces of business in world football.
So we steered clear. Didn’t back the manager? Don’t buy it. More like, couldn’t back the manager without looking like right mugs and setting a future precedent for getting mugged.
I don’t blame Woody & the Glazers. Why are Shaw, Darmian and Rojo still here? Because it’s the Premier League and we’re paying at the very top end of the league in wages. We really should invest when it makes sense and there really is value and safety in the investment, and not piss away money to “back the manager”, especially after the questionable football, poor man management, and public shitshow said manager displayed in pre-season.