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Only two clubs made dividend payments to their owners during the last 5 years, mainly #MUFC who paid £89m to the Glazers. There was another £22m in 2019/20, adding up to £111m. The £27m payment that #WBA made to their holding company in 2015/16 is not explained in the accounts. pic.twitter.com/3jtmcPYDXV
— Swiss Ramble (@SwissRamble) September 14, 2020
Seven clubs have benefited from more than £100m funding from their owners in the last 5 years. #CFC lead the way with £440m, followed by #EFC £299m, #AVFC £193m, #FFC £186m, #BHAFC £160m, #MCFC £142m and #WWFC £131m. On the other hand, #MUFC have paid £89m to their owners. pic.twitter.com/yUXsqiXbmQ
— Swiss Ramble (@SwissRamble) September 14, 2020
Mental how easily the Glazers were allowed to take over Manchester United by piling £800m worth of debt and then using the club’s own revenue in attempt to pay it off. Almost 2 billion has been spent on interest, the training complex is rotting and the stadium is outdated.
When people ask why United fans want them out, above explains why. They are the only PL owners to take money out of the club in order to line their own pockets.
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