Chris Blackhurst is a former editor of The Independent, based in London
October 31, 2023
Malcolm Glazer was an extremely successful businessman. He was worth tens of millions of dollars, thanks to interests in all manner of businesses and real estate, from shopping malls to mobile caravan parks.
What defines joining the senior tier of tycoon, one of the ways anyway, in the US is to own a major sports franchise. In 1992, Glazer bid for the right to put on NFL games in Baltimore. Except that he was not content with sticking to one city – his franchise would hold matches in four major American cities, spread across the country. It would be, as he told an interviewer in a rare foray into the media, “America’s team”.
The fact his plan went against the grain of community, of a team playing for one place and being identified with that location, and its inhabitants seeing the team and its players as “theirs”, did not faze him in the slightest.
In the end, he lost. Even the NFL found his scheme too hard to stomach. Sitting in on the interview was a young Joel Glazer, one of Malcolm’s five sons (he also had a daughter, Darcie). Malcolm boasted he could write a cheque for $150 million for the franchise. Just like that. But when he was asked for $50,000 to help the Baltimore municipal authorities mount a PR campaign to bring NFL back to their city, he refused. It wasn’t in his budget, he said.
Anyone who wonders how the Glazers tackled owning Manchester United, the club they bought in 2005, would do well to study Malcolm’s attempts to land a US major league franchise. Not only did he make the ‘four cities, one team’ proposal, but he tried to buy into any sport going. It didn’t matter what it was – football, baseball or basketball – anything would do.
In 2006, Malcolm uttered his only words in public about buying the world’s biggest football club, one with a history and pedigree like no other, that had hundreds of millions of followers (333 million was the finding from United’s research) across the globe, that induced an outpouring of passion every occasion its players donned the iconic red shirt and went on the pitch at Old Trafford, United’s temple of a home.
Malcolm said: “We are enjoying it [owning United] greatly, it is a wonderful franchise, we just love it. I just want to say hello to the fans. It is a great franchise. It will do just great.”
That’s "great" three times and "franchise" twice. There’s no mention of club, players, team, the glorious past and the tragedy of the Munich air crash that saw players and club officials perish, the phoenix-like rebirth that made legends of Bobby Charlton, George Best and Denis Law, followed by the Alex Ferguson years. It’s empty, shallow, Trumpian, especially that last, “It will do just great”.
The Glazer family's ownership of Manchester United - in pictures
Fans outside Old Trafford show their feelings towards Malcolm Glazer's bid to purchase Manchester United in May 2005. All photos: Getty Images
The Glazer brothers with Manchester United legend Sir Bobby Charlton at Old Trafford. Getty Images
Bryan Glazer chats with Manchester United manager Sir Alex Ferguson in June 2005 during a pre-season tour of China
Joel Glazer, Avram Glazer and Bryan Glazer at Old Trafford to watch a match in August 2005
The early years of the Glazer family ownership saw Manchester United win a number of trophies, including the UEFA Champions League in May 2008, after defeating Chelsea in Moscow
Cristiano Ronaldo lifts the Premier League trophy at Old Trafford in 2009
Manchester United fans make their feelings toward club owner Malcolm Glazer known during a Premier League match between Aston Villa and Manchester United at Villa Park in 2010
Sir Alex Ferguson speaks with Avram, Bryan and Joel Glazer during a training session prior to the UEFA Champions League final against Barcelona at Wembley Stadium in 2011
A trader wearing a Manchester United shirt speaks with Avram and Joel Glazer at the New York Stock Exchange in 2012
Sir Alex Ferguson is applauded by players after his 1,500th and final match in charge of the club in 2013. Manchester United were crowned Premier League champions as Ferguson retired, but have not won the league since
David Moyes was selected to take over from Sir Alex Ferguson as manager in 2013, but was sacked in April 2014 after only 10 months in charge
David Moyes was followed by Dutch manager Louis van Gaal, pictured here speaking with Avram Glazer, however he too was fired in May 2016 after winning the FA Cup
The next manager through the door at Manchester United was Jose Mourinho in May 2016. He won the Europa League (above), the League Cup, and the Community Shield as manager but was dismissed in December 2018 after a poor start to the season
Manchester United chief executive Ed Woodward speaks to Avram Glazer in 2019
Former Manchester United player Ole Gunnar Solskjaer, posing above with Avram Glazer, was brought in as caretaker manager following Mourinho's sacking. After a bright start he was given the role on a permanent basis, before being sacked himself in November 2021
A plane trailing a banner that reads "2bn Stolen Glazers Out" is flown over the stadium prior to the Premier League match between Leeds United and Manchester United in April 2021
Fans protesting against the Glazer's ownership are seen outside Old Trafford prior to a Premier League match against Liverpool in May 2021
More anti-Glazer protests take place prior to another Premier League match against Liverpool in August 2022
Dutchman Erik ten Hag was brought in as manager in April 2022, winning the League Cup, above, in his first season
Potential buyer Sir Jim Ratcliffe tours Old Trafford in March, after the Glazer family announced in November 2022 that they were conducting a strategic review, with the sale of United one option being considered
An anti Glazer banner is hung by Manchester United fans during a Premier League match in April
Talk to any of the fans who protest so vigorously and sometimes violently against the Glazers’ ownership of United and the reason for the dislike will boil down to the feeling the proprietors just do not care. Joel and his siblings (Malcolm died in 2014) hardly ever attend games; they’re invisible, removed, remaining thousands of miles away in the US.
They took a profitable, debt-free club and loaded it with £558 million of debt (equivalent £918 million in 2022), which they used to buy the club. Since they made their leveraged buy-out in 2005, the club has forked out £771 million in interest payments. During their tenure, too, the Glazers have received pay-outs in dividends and consultancy fees.
It's not as if United has been short of cash. In that period, the club took in £7 billion of revenue, it’s spent more on player transfers than any other Premier League rival, proven world-class managers have been recruited at vast expense.
No, it’s not the money. At Chelsea, Roman Abramovich also saddled the club with large borrowings. But the Russian oligarch was an ever-present at Stamford Bridge stadium and the training ground. Chelsea mattered hugely to him and the supporters applauded and sang his name approvingly as a result.
A fish rots from the head, and the United spirit, that other teams could not begin to equal, is lacking
At United they also chant about the Glazers, but in a manner that is full of loathing and contempt. The fans feel used, that the club at the centre of their lives was seized by a group of people for the sole purpose of profit.
That calculating, mercenary approach trickles down, permeating throughout the organisation. United has acquired star players all right but generally they’ve not performed; same with the managers who have been and gone. A fish rots from the head, and the United spirit, that other teams could not begin to equal, is lacking.
It's there in the banners around Old Trafford, it was evident at the commemorations for the recent death of Charlton, but it’s not on show in the directors’ box in the seats reserved for the absent landlords.
It’s very much on display in the fans’ outrage, but, hard as it is to say, those demonstrations have not worked. The Glazers have owned United for 18 years and from day one they suffered abuse. Throughout all the opprobrium they have carried on regardless. The fury has become self-defeating – one of the reasons the Glazers give for not journeying to Manchester is fear for their own safety.
MANCHESTER, ENGLAND - JUNE 30: Joel Glazer (2nd-L), Avram Glazer (2nd-R) and Bryan Glazer (R), sons of new Manchester United owner Malcolm Glazer and new members of the board of directors talk with club director Sir Bobby Charlton at Old Trafford on June 30 2005 in Manchester, England. (Photo by Matthew Peters/Manchester United via Getty Images)
The commercial side of United under them was turned into a machine. Aided by Ed Woodward, the former JP Morgan banker turned United executive, sponsorship deals galore were struck. United set new standards in monetising; virtually every aspect of the club was available, for a price.
While that strengthened United’s financial base, it only served to add to the fans’ disillusion, that here was a team, their team, being exploited entirely for monetary ends.
For all their distance, the Glazers – well, at least three of the siblings, Joel, Avie and Bryan – relished owning United. It was a calling card, one they could use to great effect at Davos, where United, alone among football clubs, took a pavilion. They had recognition, able to rub shoulders with the world’s business and political elite.
Which partly explains why letting go has proved so difficult. After the Glazers saw what US financier Todd Boehly paid Abramovich for Chelsea, a smaller club, they decided to test the water themselves.
Chelsea fetched £4.25 billion ($5.4 billion). Those around the Glazers were murmuring that United with its vast marketing clout and reach was worth around twice that, $10 billion. New AR, or augmented reality viewing technology, using micro-cameras and enabling fans to follow a match as if they were a particular player, plus online betting, still in its relative infancy, threaten to pour even more lucre into the bank balances of the biggest clubs – and there is none bigger than United.
The Glazers, who always operate by consensus, so all six must agree, were in no rush to sell. Only two firm bids were received, from Sheikh Jassim bin Hammad Al Thanim of Qatar and Britain’s Sir Jim Ratcliffe. There was interest from investment groups looking to inject funding and partner the owners.
Of the two, Sheikh Jassim’s sought outright control while Ratcliffe’s entailed him taking a minority, possibly in return for full ownership further down the line. One suggestion is that Ratcliffe will oversee the footballing side while leaving the commercial portion to the Glazers. It’s difficult to see how this would work in practice – Ratcliffe would own, say, 25 per cent, so on a player purchase 75 per cent of the fee would effectively be the Glazers’ money, not his.
Ratcliffe should be warned, too, that Malcolm did not do collaborations, it wasn’t in his nature. If he did, they did not last. His children may be different, but on the evidence of almost two decades in charge at United, they carry many of their father’s traits.
Chris Blackhurst is the author of The World’s Biggest Cash Machine – Manchester United, the Glazers, and the struggle for football’s soul (out now)
Lionel Messi Found guilty in 2016 of of using companies in Belize, Britain, Switzerland and Uruguay to avoid paying €4.1m in taxes on income earned from image rights. Sentenced to 21 months in jail and fined more than €2m. But prison sentence has since been replaced by another fine of €252,000.
Javier Mascherano Accepted one-year suspended sentence in January 2016 for tax fraud after found guilty of failing to pay €1.5m in taxes for 2011 and 2012. Unlike Messi he avoided trial by admitting to tax evasion.
Angel di Maria Argentina and Paris Saint-Germain star Angel di Maria was fined and given a 16-month prison sentence for tax fraud during his time at Real Madrid. But he is unlikely to go to prison as is normal in Spain for first offences for non-violent crimes carrying sentence of less than two years.
SUSPECTED
Cristiano Ronaldo Real Madrid's star striker, accused of evading €14.7m in taxes, appears in court on Monday. Portuguese star faces four charges of fraud through offshore companies.
Jose Mourinho Manchester United manager accused of evading €3.3m in tax in 2011 and 2012, during time in charge at Real Madrid. But Gestifute, which represents him, says he has already settled matter with Spanish tax authorities.
Samuel Eto'o In November 2016, Spanish prosecutors sought jail sentence of 10 years and fines totalling €18m for Cameroonian, accused of failing to pay €3.9m in taxes during time at Barcelona from 2004 to 2009.
Radamel Falcao Colombian striker Falcao suspected of failing to correctly declare €7.4m of income earned from image rights between 2012 and 2013 while at Atletico Madrid. He has since paid €8.2m to Spanish tax authorities, a sum that includes interest on the original amount.
Jorge Mendes Portuguese super-agent put under official investigation last month by Spanish court investigating alleged tax evasion by Falcao, a client of his. He defended himself, telling closed-door hearing he "never" advised players in tax matters.
Bio:
Favourite Quote: Prophet Mohammad's quotes There is reward for kindness to every living thing and A good man treats women with honour
Liverpool 4
Salah (19'), Mane (45 2', 53'), Sturridge (87')
West Ham United 0
Gothia Cup 2025
4,872 matches
1,942 teams
116 pitches
76 nations
26 UAE teams
15 Lebanese teams
2 Kuwaiti teams
JERSEY INFO
Red Jersey
General Classification: worn daily, starting from Stage 2, by the leader of the General Classification by time. Green Jersey
Points Classification: worn daily, starting from Stage 2, by the fastest sprinter, who has obtained the best positions in each stage and intermediate sprints. White Jersey
Young Rider Classification: worn daily, starting from Stage 2, by the best young rider born after January 1, 1995 in the overall classification by time (U25). Black Jersey
Intermediate Sprint Classification: worn daily, starting from Stage 2, by the rider who has gained the most Intermediate Sprint Points.
Pakistan: Sarfraz Ahmed (captain), Mohammad Hafeez, Sahibzada Farhan, Babar Azam, Shoaib Malik, Asif Ali, Shadab Khan, Shaheen Shah Afridi, Usman Khan Shanwari, Hasan Ali, Imad Wasim, Faheem Ashraf.
New Zealand: Kane Williamson (captain), Corey Anderson, Mark Chapman, Lockie Ferguson, Colin de Grandhomme, Adam Milne, Colin Munro, Ajaz Patel, Glenn Phillips, Seth Rance, Tim Seifert, Ish Sodhi, Tim Southee, Ross Taylor.
Daily cash awards of $1,000 dollars will sweeten the Madrasa e-learning project by tempting more pupils to an education portal to deepen their understanding of math and sciences.
School children are required to watch an educational video each day and answer a question related to it. They then enter into a raffle draw for the $1,000 prize.
“We are targeting everyone who wants to learn. This will be $1,000 for 1,000 days so there will be a winner every day for 1,000 days,” said Sara Al Nuaimi, project manager of the Madrasa e-learning platform that was launched on Tuesday by the Vice President and Ruler of Dubai, to reach Arab pupils from kindergarten to grade 12 with educational videos.
“The objective of the Madrasa is to become the number one reference for all Arab students in the world. The 5,000 videos we have online is just the beginning, we have big ambitions. Today in the Arab world there are 50 million students. We want to reach everyone who is willing to learn.”
World Series: South Africa Women’s World Series: Australia Gulf Men’s League: Dubai Exiles Gulf Men’s Social: Mediclinic Barrelhouse Warriors Gulf Vets: Jebel Ali Dragons Veterans Gulf Women: Dubai Sports City Eagles Gulf Under 19: British School Al Khubairat Gulf Under 19 Girls: Dubai Exiles UAE National Schools: Al Safa School International Invitational: Speranza 22 International Vets: Joining Jack
Six pitfalls to avoid when trading company stocks
Following fashion
Investing is cyclical, buying last year's winners often means holding this year's losers.
Losing your balance
You end up with too much exposure to an individual company or sector that has taken your fancy.
Being over active
If you chop and change your portfolio too often, dealing charges will eat up your gains.
Running your losers
Investors hate admitting mistakes and hold onto bad stocks hoping they will come good.
Selling in a panic
If you sell up when the market drops, you have locked yourself out of the recovery.
Timing the market
Even the best investor in the world cannot consistently call market movements.
Who are the Soroptimists?
The first Soroptimists club was founded in Oakland, California in 1921. The name comes from the Latin word soror which means sister, combined with optima, meaning the best.
The organisation said its name is best interpreted as ‘the best for women’.
Since then the group has grown exponentially around the world and is officially affiliated with the United Nations. The organisation also counts Queen Mathilde of Belgium among its ranks.
The biog
Favourite hobby: I love to sing but I don’t get to sing as much nowadays sadly.
Favourite book: Anything by Sidney Sheldon.
Favourite movie: The Exorcist 2. It is a big thing in our family to sit around together and watch horror movies, I love watching them.
Favourite holiday destination: The favourite place I have been to is Florence, it is a beautiful city. My dream though has always been to visit Cyprus, I really want to go there.
Profile of Whizkey
Date founded: 04 November 2017
Founders: Abdulaziz AlBlooshi and Harsh Hirani
Based: Dubai, UAE
Number of employees: 10
Sector: AI, software
Cashflow: Dh2.5 Million
Funding stage: Series A
UAE currency: the story behind the money in your pockets
Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem
Rating: 4/5
At Eternity’s Gate
Director: Julian Schnabel
Starring: Willem Dafoe, Oscar Isaacs, Mads Mikkelsen
Three stars
Brief scores:
Manchester City 2
Gundogan 27', De Bruyne 85'
Crystal Palace 3
Schlupp 33', Townsend 35', Milivojevic 51' (pen)
Man of the Match: Andros Townsend (Crystal Palace)
'The Predator'
Dir: Shane Black
Starring: Olivia Munn, Boyd Holbrook, Keegan-Michael Key
Two and a half stars
Living in...
This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.
The specs
Engine: Long-range single or dual motor with 200kW or 400kW battery
Power: 268bhp / 536bhp
Torque: 343Nm / 686Nm
Transmission: Single-speed automatic
Max touring range: 620km / 590km
Price: From Dh250,000 (estimated)
On sale: Later this year
Learn more about Qasr Al Hosn
In 2013, The National's History Project went beyond the walls to see what life was like living in Abu Dhabi's fabled fort:
Cecelia Crocker was on board Northwest Airlines Flight 255 in 1987 when it crashed in Detroit, killing 154 people, including her parents and brother. The plane had hit a light pole on take off
George Lamson Jr, from Minnesota, was on a Galaxy Airlines flight that crashed in Reno in 1985, killing 68 people. His entire seat was launched out of the plane
Bahia Bakari, then 12, survived when a Yemenia Airways flight crashed near the Comoros in 2009, killing 152. She was found clinging to wreckage after floating in the ocean for 13 hours.
Jim Polehinke was the co-pilot and sole survivor of a 2006 Comair flight that crashed in Lexington, Kentucky, killing 49.
What vitamins do we know are beneficial for living in the UAE
Vitamin D: Highly relevant in the UAE due to limited sun exposure; supports bone health, immunity and mood. Vitamin B12: Important for nerve health and energy production, especially for vegetarians, vegans and individuals with absorption issues. Iron: Useful only when deficiency or anaemia is confirmed; helps reduce fatigue and support immunity. Omega-3 (EPA/DHA): Supports heart health and reduces inflammation, especially for those who consume little fish.
Started: December 2016
Founder: Ibrahim Kamalmaz
Based: UAE
Sector: Finance / legal
Size: 3 employees, pre-revenue
Stage: Early stage
Investors: Founder's friends and Family
Auron Mein Kahan Dum Tha
Starring:Ajay Devgn, Tabu, Shantanu Maheshwari, Jimmy Shergill, Saiee Manjrekar
Director: Neeraj Pandey
Rating: 2.5/5
'Munich: The Edge of War'
Director: Christian Schwochow
Starring: George MacKay, Jannis Niewohner, Jeremy Irons
Rating: 3/5
2025 Fifa Club World Cup groups
GroupA: Palmeiras, Porto, Al Ahly, Inter Miami.
Group B: Paris Saint-Germain, Atletico Madrid, Botafogo, Seattle.
Group C: Bayern Munich, Auckland City, Boca Juniors, Benfica.
Group D: Flamengo, ES Tunis, Chelsea, Leon.
Group E: River Plate, Urawa, Monterrey, Inter Milan.
Group F: Fluminense, Borussia Dortmund, Ulsan, Mamelodi Sundowns.
Group G: Manchester City, Wydad, Al Ain, Juventus.
Group H: Real Madrid, Al Hilal, Pachuca, Salzburg.
