Who Owns Manchester United?

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Who Owns Manchester United?

Malcolm Glazer is the current owner of the Manchester United franchise. He is an American businessman and sports entrepreneur. He is also the principal owner and chairman of the Tampa Bay Buccaneers of the National Football League.

In 2005, Glazer took control of Manchester United by acquiring a majority of the club’s shares. The club was subsequently floated on the stock exchange, but Glazer and his family continue to hold a controlling interest.

Although some fans have criticized him for his methods of financing the takeover, there is no doubt that Glazer is a successful businessman who has made a significant investment in one of the world’s most famous soccer teams.

According to Forbes, as of the 2023 season, Manchester United is worth $4.6 Billion dollars. This makes them the 3rd most valuable franchise in the Premier League.

Old Trafford Stadium

Old Trafford is a football stadium in Trafford, Greater Manchester, England, and the home of Manchester United. With a capacity of 74,879, it is the largest club football stadium in the United Kingdom and the eleventh-largest in Europe.

Old Trafford was initially designed by Scottish architect Archibald Leitch, who also designed several other stadia, including Goodison Park.

However, World War I delayed the project until 1917, when construction began. The stadium was completed in 1919 and officially opened on 19 February 1920. Since then, it has been redeveloped, most recently in 2006.

About The Manchester United Franchise

Manchester United was formed when businessman John Henry Davies purchased Newton Heath LYR Football Club in 1902. The team changed its name to Manchester United Football Club, and Davies invested heavily into the club, building new training grounds and signing some of the best players in England at the time.

This investment paid off, as the club won its first-ever league title five years later. In 1909, they won their first FA Cup title, beginning an unprecedented period of success spanning decades.

The Busby Babes

The 1950s saw a shift in fortune for Manchester United as legendary manager Matt Busby took control of the team. Under his leadership, they became known as “The Busby Babes,” with a squad full of young players who were widely considered among England’s best-attacking sides at that time. They went on to win three consecutive league titles from 1956-1959, cementing their place as one of the top teams in Europe during that era.

Recent Years

In recent years, Manchester United has continued to be one of the top teams in European football. Since 1992 they have won more than 20 major trophies, including 13 Premier League titles and two UEFA Champions League titles.

They have also developed a reputation for producing some of the best young talents in Europe, with players such as Cristiano Ronaldo and Paul Pogba coming through their academy system before going on to become stars around the world.