Manchester United

Manchester United Chief Joel Glazer Makes Statement on Club's Transfer Plans

Amreen
Joel Glazer insisted Man United's transfer plans won't be hampered this season
Joel Glazer insisted Man United's transfer plans won't be hampered this season / Michael Regan/Getty Images
facebooktwitterreddit

Joel Glazer has insisted that Manchester United's level of debt will not affect transfers they are looking forward to making this summer.

The Glazers have been criticised several times for their running of the club and the millions of pounds of debt they find themselves under. In addition, they have continued to pay themselves dividends upwards of £100m, but at a Fans' Forum meeting last week, Glazer attempted to justify his family's actions.

“I know this is a subject that a lot of people have a lot of different views on, but when we take things and look at things as a whole, we think that Manchester United is a very well run club,” he said. “We're able to spend with the top clubs throughout Europe, whether it's wages or transfer fees, we've been able to keep our ticket prices low, we've not increased them in over 10 years.

"We're able to pay a dividend but it's a modest proportion of our five to six hundred million pounds of revenue; it's less than three per cent of that. It has never stood in the way of us pursuing players or transfers on the pitch. We may have walked away from transfers at times because the other side wanted an outlandish number. And while it's easy to pay it that one time, it does have consequences."

He also spoke about the restructuring behind the scenes at the club, which involved John Murtough becoming the director of football with Darren Fletcher appointed as technical director. "There's been a tremendous amount of work done behind the scenes and we feel like we're absolutely on the right track," Glazer said. "As you all know, we've put John Murtough as our first football director, along with Darren Fletcher in there as well. And we feel with them together leading the way, and the work done behind the scenes, that we're absolutely on the right track.

"Our recruitment process policies, the way we go about it has changed in the last few years, I think we've all seen how that has changed. We think we're absolutely in a position for a lot of success for the future. Any other club that has won titles recently had years where they didn't win the league, then they moved up, they were successful and then everybody appreciates the way their structure is set up. We think we're on that path. We feel very good about where we are.

"But at the end of the day, we all share the same goal - to win trophies. And we will make sure that everything is being done to put us in the best position to win trophies, we'll continue to do that. And we think we've set up a structure behind the scenes to deliver success."

facebooktwitterreddit