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Tuesday, May 17, 2005

Glazer's a fish out of water 

FSC's Bobby McMahon isn't too optimistic about Glazer's prospects in Manchester:
Doubtless Malcolm Glazer has a business plan for Manchester United but without major trophies being lofted at Old Trafford on a regular basis the plan will be as much use as screen doors on a submarine. The Glazer family's sport experience is in the socialist environment of North America where failure isn't punished but actually rewarded.

Failure doesn't cut it in the shark-invested waters of top-class European football where you are only as good as your last season. If United win successive FA Cups on Saturday the truth is still that the last two seasons have not been very good.

The Toronto Maple Leaf business model of gouging fans while showing no ambition to win the Stanley Cup will not work at United or any another self-respecting European football team.

Malcolm Glazer has vastly overpaid for a team that needs investment, not debt in order to compete with the likes of Chelsea, Milan, Juventus, Bayern Munich, Real Madrid and Barcelona.

The move to buy Manchester United doesn't make financial sense and it doesn't make football sense. It will turn into a disaster.
Denis Campbell strikes a similar, ominous note in the Guardian.



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