'Red Devil's £1billion Bid To Free Manchester United From The Glazers

Daniel GoochAnalyst IMarch 2, 2010

MANCHESTER, ENGLAND - FEBRUARY 06:  A Manchester United fan wears a green and yellow scarf before the Barclays Premier League match between Manchester United and Portsmouth at Old Trafford on February 6, 2010 in Manchester, England.  (Photo by Michael Regan/Getty Images)
Michael Regan/Getty Images

Manchester united could get rid off their American owners if a billion pound take over bid from the "red knights" is agreed.

The Glazer's ownership of the club has been controversial from the start.

As soon as they took over, the club went into a debt - over £700 million.

There has been a lot of opposition from United supporters. The Manchester United Supporters Trust (MUST) has been at the front of it all.

Their "Green and Gold" campaign has seen supporters wear the colours of Newton Heath - the club was renamed Manchester United in 1902.

This campaign has had huge publicity. There’s is no football supporter in England who hasn't heard of it.

Fans are starving the club of cash by not renewing season ticket or buying merchandise to force the club to consider a sale.

A take over bid has been a long time in coming.

Every United fan will be pleased to hear that there are English financers looking to buy the club from the Americans who have been detrimental to United in the last few years.

However, after the 'recession', bankers haven't been the public's best friend.

City financiers have insisted that their initiative is about changing the owners. They have complete confidence in chief executive David Gill, and manager Sir Alex Ferguson.

The "Red Knights" group realises that any takeover would have to be agreed by the Glazer family, but that the club's American owners cannot prevent them from putting forward a bid.

The majority of United supporters will be hoping that the bid goes through, so that we can say goodbye to the Glazers.

 

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