Bearded Buffoon Makes More Tempting Offer

New Chairman?
By Chris O'Brien
April 15 2005

Malcolm Glazer is back in the spotlight having made an improved offer to purchase Manchester United F.C. The American tycoon will offer a substantial transfer budget and promise to continue plans to expand Old Trafford if his £3.00 per share bid is accepted by major shareholders and the board.

Manchester United supporters have been quick to stamp further disapproval on a revised bid from American tycoon Malcolm Glazer to takeover the F.A Cup holders. Members of the Independent Manchester United Supporters Association (IMUSA) have confirmed they will boycott future games and demand refunds on season tickets should Glazer be successful on his bid to take over the Red Devils.

 

Owner of the Tampa Bay Buccaneers, Glazer seems obsessed with securing the coup of Manchester United Football Club despite already being knocked back on two separate occasions. Such is his unpopularity in Salford, that Glazer has been forced to send secret representatives for himself to meetings of the board, rather than risk being seen in public. Nevertheless, the stalking has continued and the bearded magnate relentless endeavours to buy our club have resulted in another, more attractive business offer.

 

The offer still looks very, very dodgy. Glazer intends to borrow sizeable amounts of money to fund his bid for the club, and then shove the debt on debt-free Manchester United. This could result in selling the naming rights to Old Trafford, or even the ground itself, selling players, raising merchandise prices and sever commercialism for the beautiful game. I hope I speak for all ManUtdWeb visitors when I say this is something we want to avoid.

 

Glazer believes his latest offer is far more attractive to supporters though. Amid debt and complications, he will make £20million available for transfer, 10% of what Chelsea have spent in recent seasons, and have promised to freeze ticket prices for the foreseeable future. It is suspicious; therefore, that the club have just announced a big rise in entrance fares for the forthcoming campaign. A matter of convenience for Mr. Glazer?

 

The offer remains a £3 per share bid, with Glazer currently holding a stake of 28.1% in the club. His family have been gradually building up this percentage in recent years, and something has now got to give. Chief Executive David Gill has previously said £3 a share is a fair price for United, but has not taken favourably to Glazer’s mission of debt for the club. Sadly though, Gill seems to be slowly becoming more sympathetic to the takeover coup.

 

The protests are set to continue at Sunday’s semi-final against Newcastle United. ManUtdWeb is against any takeover bid from the Glazer, believe MUFC are a Football Club and not a PLC or big-money business, stand against commercialisation of the beautiful game in Britain and believe football is for the true supporters who stand on the terrace and sing their hearts out every week. No thank you Glazer!