Difference between Glazer and Abramovich
The difference between Glazer and Abramovich is that while Abramovich took a debt-laden club and made them super-cash-rich, Glazer will take a cash-rich club and make it debt-laden.
Yes, he wants to make money. United make more money from merchandise than from on-field success already, so he's likely to view the football side as a bit crap compared to the business side. He will do the same as he did with the Tampa Bay team and drastically increase ticket and merchandise prices.
We're going to have £265 Million of debt. UEFA have said that if we have sustained debt, we might not get a license to play in European competitions!
Abramovich is a multi-billionnaire who sees Chelsea as a challenge and a hobby, not as an investment. Glazer only sees the $$$ signs.
Follow the link in the title for Football365's reasons to not like the Glazer takeover.
Yes, he wants to make money. United make more money from merchandise than from on-field success already, so he's likely to view the football side as a bit crap compared to the business side. He will do the same as he did with the Tampa Bay team and drastically increase ticket and merchandise prices.
We're going to have £265 Million of debt. UEFA have said that if we have sustained debt, we might not get a license to play in European competitions!
Abramovich is a multi-billionnaire who sees Chelsea as a challenge and a hobby, not as an investment. Glazer only sees the $$$ signs.
Follow the link in the title for Football365's reasons to not like the Glazer takeover.
posted by MancJon @ 12:00 am
1 comments
1 Comments:
Interesting article. I genuinely didn't (and still kind of don't) see what the problem is... United fans have always reacted in this way to takeovers - Murdoch a few years ago springs to mind as well.
Oh, and also on football365 I found this;
http://football365.com/opinion/mailbox/story_152275.shtml
;)
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