After the recent signing of Cristiano Ronaldo, experts have said that Manchester United is on its way to becoming the old, unbeatable side, know the net worth of The Glazers family
Manchester United has always been one of the most loved clubs all over England, mainly due to legendary players like Ryan Giggs, George Best, Bobby Charlton, Denis Law, Wayne Rooney, Cristiano Ronaldo, and the list is unending. Manchester United has come a long way right from 1878 when the club was founded.
Let us look at the journey of this club, the owners, and more.
History Of Manchester United
1878: The club was established as ‘Newton Heath LYR’ in 1878 by laborers from the Lancashire and Yorkshire Railway.
1902: The club was renamed Manchester United in 1902.
1907: Manchester United won its first English league title in the 1907โ08 season.
1910: In 1910 the club moved from the Bank Street stadium to the Old Trafford stadium. Old Trafford has been ManU’s home ground to date.
1945: Manchester United’s two post-World War II managers were the game-changers for the history of the club. Sir Matthew Busby became the manager in 1945 and over the course of the following 24 years, he guided the club to 5 English league titles and 2 FA Cup triumphs.
1958: ManU experienced its darkest day when the squad met with a plane crash in Munich, Germany. This crash claimed the lives of 23 passengers out of the 44 present.
1960: After the fatal crash, the club was revived by Sir Matthew Busby in 1960.
1968: With a team including players like Bobby Charlton, George Best, and Denis Law, Manchester United won the European Cup, which is now known as the Champions League with a 4โ1 win over Benfica in the finals. ManU became the first English club to win this cup.
1986-2013: Alex Ferguson became the manager of the club from 1986 to 2013 which paved way for Manchester United’s dominance in the Premier League. Manchester United has won 12 Premier League titles since that league’s debut season in 1992โ93. In the 1998โ99 season, ManU created history by winning the Premier League, the FA Cup, and the Champions League in a single season. A subsequent Champions League triumph came in the 2007โ08 season.
Manchester United Ownership And Net Worth Of The Glazers Family
Manchester United is presently owned by the six successors of the late owner Malcolm Glazer. They are Avram, Joel, Kevin, Bryan, Darcie, and Edward Glazer. Malcolm Glazer grabbed hold of a greater part stake in the club in 2005 through his organization Red Football Ltd. Malcolm Glazer died in May 2014, andย the 90% controlling stake he possessed was parted similarly between the six Glazer kids.
Joel and Avram had been responsible for the daily management of the club since their dad’s demise in 2014. The duo is currently co-executive with Kevin, Bryan, Darcie, and Edward. In March 2021, Avram Glazer put $97 million worth of his shares available to be purchased.
Net Worth
As of 2021, the Glazer family has an estimated net worth of $3.1 billion, while having an 83% ownership over Manchester United.
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