36.1 C

Glazers Family shocks again despite Covid-19 crisis

Manchester United has recently faced a lot of problems in their transfer policies because of its owners. United fans were also against its owners and want them to leave the club as soon as possible.

Many fans thought that the United board will back their manager Ole Gunner Solskjaer after finishing third in the league and qualifying for UCL and making a strong run in all the cup competition. But it didn’t happen. United hierarchy explained that there were some financial issues with which the club is now going through.

After knowing this new report it will surely increase. The report suggests that a lot of companies worldwide have been forced to suspend annual dividend payments in order to keep maintain their debt despite Manchester United due to Covid-19. Their debt growing tremendously. But how this happened it will be a shock to everyone.

Manchester United players and support staff took pay cuts only for the Glazer family to keep their dividends intact.

- Advertisement -TechnoSports-Ad

English journalist Dean Rudge tweeted, “Man Utd elect not to suspend annual £23.3m dividend payment (mostly to Glazer family) despite revenues falling by more than £100m year-over-year. Glazers borrowed majority of hundreds of millions used to obtain shares that provide dividend and put debt on Man Utd books.”

A large section of United fans wants Ed Woodward and Glazers to resign as soon as possible because of their bad transfer policies and other so many reasons. The ‘Glazers Out’ movement has already started a long ago by the United fans. After this new shocking report, the situation will be worse for sure.

Do check out:


Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Rishab Chakladar
Rishab Chakladar
An ordinary person with some extraordinary ambition! Dream big with a 'Never Give Up' attitude. Music, Sports, and Gaming in life♥️



Related Stories

More from author

The Top 10 Most Profitable Football Transfers of all time

Numerous transfers happen in each of the transfer windows. Most of Europe's big clubs are known as big-spending clubs. They prefer to buy proven...

Amrinder Singh leaves Mumbai City FC to join ATK Mohunbagan FC

Amrinder Singh signed a 5 years deal for ATK Mohun Bagan FC after spending 5 seasons at Mumbai City FC. Amrinder joined Mumbai City FC...

Blackpool returns to the Championship after six years

Blackpool FC returned to the Championship after spending six years in Football League One. They beat Lincoln City by 2-1 to secure their place...

BCCI again ignores 700 domestic cricketers’ payment issues

BCCI again ignores the payment issues of 700 domestic cricketers. More than 700 cricketers were desperately waiting for the BCCI SGM for a decision...