But while in the domestic arena Man Utd continued to gain regular success until they leveled off in the past two years, they were still lagging behind major European rivals. Spain’s Barcelona has won 19 titles of all kinds in the past decade, including up to three Champions League titles in 2006, 2009 and 2011. The German football giant, Bayern Munich, also won. to 17 titles in the arena.
After the Glazer family owned the club, Man Utd lacked relatively large amounts of spending on the player transfer market. Until David Moyes broke the club’s record by signing Juan Mata from Chelsea for £ 37.1 million in January 2014, their combined spending in each season only exceeded the mark. £ 50 million since 2005.
Even after Louis van Gaal was paid £ 157.7 million to buy a number of players last summer, including an English football record of £ 59.7 million for Angel Di Maria. , then the total net spending over the last decade of Man Utd is only 274.6 million pounds, still far below Chelsea’s £ 370.7 million.
Many people still insist that the spending of former manager Alex Ferguson was greatly restricted under the Glazers, although the Scottish legend has denied it a few times.
The Glazers appear to be willing to play on the transfer floor, with lots of blockbuster deals, the most recent being a $ 99 million record deal with Angel Di Maria (center).
Man Utd did not owe any debt until 2005. The situation completely changed when the Glazers had to borrow hundreds of millions of pounds to have enough money to take over the Old Trafford club. Most of the money the Glazers father and son used to acquire Man Utd comes from loans everywhere, and is mainly secured by the club’s own property value.
That day, many Man Utd fans criticized that the American bosses had taken control of the club’s own money. That argument has created waves of protests from Man Utd fans in the UK, and so far continues through some form.