The club has coughed up an estimated $133m in dividends on top of debt payments under the Glazer ownership, most of that going straight to the family, effectively recouping half their original investment. For the Glazers, United were only ever a calf to be fatted for sale. Their ownership was entirely transactional. Seventeen years on its jackpot time as they seek to turn that $270m into a $5bn win, minimum.
The family was already intimate with sport as commodity through their ownership of Tampa Bay Buccaneers in the NFL. They saw an opportunity to upscale the commercial operation, milking the potential of a global fanbase estimated at one billion plus.
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