Man United rivals 'wary' as £4.25bn takeover news confirmed - Plumley

By Dr Dan Plumley

9th May, 2022 | 6:41pm

Finance guru: Rivals 'wary of Man United' as £4.25bn 'anti-Glazer' takeover news confirmed

It is no surprise to see the Chelsea takeover labelled an “anti-Glazer” deal given the hostility towards the Man United overlords’ ownership model.

That is the view of finance expert Doctor Dan Plumley, speaking exclusively to Football Insider about Todd Boehly’s £4.25billion acquisition of the West London club.

It was confirmed last Saturday (7 May) that the American multi-industry businessman’s consortium had agreed terms to buy Chelsea.

Sky News reported earlier that day that those familiar with the small print of the deal have highlighted a number of “anti-Glazers clauses”.

Among them are strict limitations on debt, dividends, and the prohibition of any share sales for at least a decade.

The Glazers’ leverage buyout of United in 2005 has seen the club saddled with extraordinary levels of debt, while results on the pitch have nosedived in recent years.

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And Plumley insists that it is not hard to see why other clubs are “wary of” following the United example.

“The way that the Glazer deal has played out over the years hasn’t been great,” the Sheffield Hallam University expert told Football Insider’s Adam Williams.

“The way they bought the club, loaded it with debt and then charged interest, that’s what other clubs are wary of. Some wouldn’t want to put themselves in the same position.

“However, looking at the information, it’s not completely off the table at Chelsea. It could change in 10 years.

“But even so, I doubt they would want to go down the same route because of the fallout we’ve seen since that Glazer takeover.”

United could conceivably finish as low as 8th in the Premier League this term.

Chelsea meanwhile need to take five points from their remaining five games to mathematically ensure Champions League qualification.

In other news, Man United slammed by pundit after journalist’s behind-the-scenes update.