Through the long years when Sir Alex Ferguson’s Manchester United were amassing trophies and cash, and Liverpool were stagnating in a derelict neighbourhood, Anfield could only dream of today’s reversal of fortunes. Liverpool, rebuilt and rebooted since 2010 under their US investor owners, arrive on Sunday as European champions and Premier League leaders at an Old Trafford groaning under United’s US owners, who have plundered the club and bungled the Ferguson succession.
Liverpool’s owners, John Henry’s Fenway Sports Group, did not fully understand what they were taking on when they bought a club so steeped in history and emotion, but they learned from their early missteps and gradually refurbished Anfield with expertise. United’s owners, the six siblings of the Glazer family, bought the club in their debt‑loading raid in 2005, enjoyed the fruits of Ferguson’s genius but are now on their fourth manager since his 2013 retirement with their former banker Ed Woodward in charge of the club.
Written by David Conn
This news first appeared on https://www.theguardian.com/football/2019/oct/17/glazers-legacy-manchester-united-liverpool under the title “Debt £511m but dividends galore: the Glazers’ legacy at Manchester United | David Conn”. Bolchha Nepal is not responsible or affiliated towards the opinion expressed in this news article.
