Avram Glazer has insisted that he and his family, who have had Manchester United for almost 20 years, will not sell the club.
The glazers had been at the helm in Old Trafford for almost two decades, although their popularity is always low, largely due to the sad financial situation of the club under their stewardship.
The American family has a controlling interest in the Red Devils and, more than a year ago, sold only a quarter of the club to Sir Jim Ratcliffe's Ineos.
Although the proportion of Ratcliffe has increased over time, the glazers still retain superiority, although fans have often protested against their property.
The announcement that they would be welcome in new investments more than two years ago had hope inspired by some fans that the glazers may say goodbye, although Avram Glazer has remained steadfast in his insistence that there would be no change.
Asked by Sky Sports if his family would sell the club, he just answered: 'No'. At the time he was on the way to meet American President Donald Trump.
It comes on the same day that it was revealed that United has now spent more than £ 1 billion on interest payments after the leverage of the Glazer family.
It was also confirmed that the club had only spent £ 14.5 million on dismissing both Erik ten Hag (£ 10.4 million) and Dan Ashworth (£ 4.1 million).
The glazers, which retain a majority stake of 69 percent, the club deposited in debt after their buy -out in 2005. The last figures show that the debt is still in the books and currently £ 516.5 million in total.
United expects record income between £ 650 million and £ 670 million for the year.
They also predict income before interest, taxes, depreciation and amortization (EBITDA), which are used to measure the performance of a company, will be on the higher side of the previously predicted reach of £ 145 million and £ 160 million.
A spokesperson for the Trust of the Manchester United Supporters said: 'United has one of the highest income in world football and yet we see enormous financial problems in these results, driven by £ 19 million in debt interest payments (more than six months), mismanagement including paying £ 14.5 m compensation to a manager who gave a new contract only a few months earlier, a disastrous record in player trade in the past decade, And now terrible versions on the field are making things with every worse Leage. We fall another £ 4 million in prize money.
'In this context, it is clear that ticket prices at United clearly are not the problem with the recent £ 66 changes that yield less than £ 2 million. This shows that a large increase in prices would be meaningless and counterproductive, which means that only a trivial difference is for the financial challenge, while the fan damages greatly and deteriorates the mood in the ground that inevitably feeds on even poorer team performance.
'Fans should not pay the price for a problem that starts with our paralyzing debt payments and are exacerbated by a decade or more mismanagement.
“It's time to freeze the ticket prices and to let everyone – players, management, owners and fans – find out and to restore this club to where it belongs.”
Comments