Talk of the Devils: The Athletic FC's Manchester United show The Story of the Glazer Takeover of Man United
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May 14, 2025 Andy Walsh, a fan activist instrumental in opposing the Glazer takeover, shares heartfelt insights about protecting Manchester United’s culture. Economist Jim O'Neill dives deep into the financial motivations behind the 2005 acquisition and its implications for institutional investors. Former Labour Minister Richard Caborn discusses the need for better governance in football. Together, they explore the tensions between fans and ownership, revealing emotional ramifications and ongoing divides within the supporter community.
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Fan Networks Monitored Takeover
- Supporters formed networks including fanzines and shareholder groups to monitor takeover attempts.
- These networks had city contact points to gather insider information and track shareholder positions.
Independent Board Role During Takeover
- Jim O’Neill joined the board as an independent voice with economic expertise during takeover tensions.
- His role was to ensure best practices and represent shareholders impartially despite pressures.
Limited Institutional Interest in Shares
- Institutional investors avoided football shares due to lack of transparency.
- Without strong individual interest, there was little initial demand for Manchester United shares.