Published 18:56 IST, September 14th 2020
Man United owners have TAKEN OUT a whopping £89 million from the club over five years
Man United's owners - the Glazer Family - have invested the least amount of money out of the current 20 Premier League teams over a five-year period.
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A report this week has claimed that Premier League giants Man United have paid ir owners, Glazer family, a whopping £89 million over a five-year period since 2014-15. This report also confirms that Man United owners have invested least amount of funds into club amongst all current 20 teams in Premier League. United faithful have constantly voiced ir opinions about ir unpopular owners with various 'Love United, Hate Glazers' banners during games at Old Trafford and are bound to be even more frustrated with Glazer family after it was revealed y have taken around £89m from club.
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Man United owners invested least amount of funds among current 20 Premier League clubs over a five-year period
According to analysis from football finance blogger Swiss Ramble, Man United have worst personal investment record in Premier League. report shows financing 20 Premier League clubs have received over last years from eir ir wealthy owners or bankers since 2014-15. analysis read: "Over past five years, seven PL clubs have benefited from more than £100m funding from ir respective owners while on or hand, Manchester United have paid £89m to ir owners" Roman Abramovich's Chelsea topped list for funding from owners among or 20 PL clubs having pumped in a staggering £440 million over past five seasons.
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Ar chart also showed that Man United were at bottom of league in terms of overall investment received, having a significant net cash outflow of £161m. Only six or clubs - Arsenal, Aston Villa, West Brom, Southampton, Newcastle United and Burnely - had seen a net cash outflow in that five-season period. In terms of total financing, Tottenham Hotspur (£521m) and Chelsea (£433m) have received most amount through cash inflows.
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Man United issues with Glazer family: Glazer family net worth
Even with Man United owners taking out £89m from club, 20-time English champions are still one of wealthiest clubs in world, raking in billions through merchandising, sponsorship and partnerships with companies across globe. However, with United t having won a league title since 2013, most fans believe that club needs financial backing to move forward and win major titles. With Glazer family taking money out of club, it fails to give United some much-needed spending power in transfer market. According to reports from Forbes, Glazer family net worth is an estimated $4.7 billion.
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Im Credits - AP
18:56 IST, September 14th 2020