The Big Thing: Why are Man Utd fans protesting against the Glazers and will the owners ever sell?
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TSS
4.8 • 3.7K Ratings
🗓️ 26 August 2022
⏱️ 49 minutes
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Summary
We've got another episode of The Big Thing for you! This week, we delve deep into the seedy underworld that is Manchester United ownership. Who are the Glazers and how did they take over the club? Plus, why are supporters so angry with them, what other factors have played into the club's downturn in fortune, how do things progress from here, and much much more!
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Transcript
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| 0:00.0 | Welcome to the big thing, the show where the TSS gang take a diva dive into a meaty topic in the beautiful game. |
| 0:27.4 | Today, we're discussing one of the most controversial ownership groups in all of soccer, the Glazer family, |
| 0:33.4 | and their time at the helm of Manchester United PLC. |
| 0:38.1 | United became a publicly traded company in 1991, |
| 0:41.8 | and Malcolm Glazer's initial 3% stake in the club was announced in September 2003. |
| 0:47.8 | A couple years later, by 2005, they owned 98% did the Glazers, |
| 0:52.0 | having purchased the club with loans secured against the club itself. |
| 0:56.9 | And suffice to say, it's been a happy and fun time ever since. |
| 1:01.0 | My name's Ryan Bailey, joining me to stifle his size and frustration as we discuss the club he loves. |
| 1:06.8 | Taylor Rockwell, hello. |
| 1:08.7 | Hi, Ryan. How are you? That's the only one I'll let out. I'll try to be good from now on. And also slightly less passive aggressive today, hopefully Graham Rutherland. Hello. Hello, Ryan Bailey. That's better. There we go. Sorry, Taylor. I love you, but I know this is a hard one for you to discuss. I'll start with Graham then. Could you give us Graham a little pre-see of how the glazers came to power, some of the numbers involved in their man United tenure. |
| 1:28.5 | Yeah, Graham, a little pre-see of how the glazers came to power, some of the numbers involved in their Man United tenure? Yeah, so let's rewind it all the way back to the start. I presume that |
| 1:35.3 | most listeners have heard of the glazers and know that they own Manchester United, but you |
| 1:40.2 | might not actually know who the glazers are because they're a pretty secretive family. They |
| 1:43.8 | obviously don't have much of a public presence at Manchester United. |
| 1:47.7 | So just to recap, the Glazers are a billionaire American family |
| 1:51.5 | whose wealth originates from the business started by Malcolm Glazer. |
| 1:56.4 | Glazer was the head of a holding company called First Allied, who had a lot of different interests |
| 2:03.3 | in various unsexy companies from Zapata, which is an oil and gas company to Hulahins |
| 2:10.1 | restaurants, to, I guess these last two are slightly interesting. Harley Davidson and Tonka Toys, |
| 2:16.7 | the First Allied had stakes in those |
| 2:19.0 | companies. As a public figure, Malcolm Glazer, he rose to prominence following the purchase of |
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