Manchester United and the Mounting Cost of Failure

This is the failure that has held Manchester United back for the last decade. This is the failure that means the club is about to pass a decade without winning — or even, really, challenging for — a Premier League title. Neville, and the Glazers’ many other critics, are right to assert that United might have spent more if the club could only keep the money it generates. There is, sadly, precious little evidence that they would have spent it well.

This, as much as anything, is the Glazers’ great failing, the shortcoming that has allowed United to drift: an absolute, and somewhat baffling, inability to staff their business adequately, to allow those charged with running it on their behalf to do so in such a haphazard, thoughtless fashion. Accountability, like money, flows up, after all.

And it is this that any new owner, whoever they might be, must address. Quite what clubs want from those who buy them is indicated by the breathless way the various contenders for United are described: the billionaires and the magnates, the tycoons and the titans. That is the great dream of the modern fan, after all: to have a bigger, wealthier owner than everyone else.

The experience of Manchester United and the Glazers, though, rather disproves that idea. Money has never been the problem at Old Trafford, and money, most likely, is not the solution, either. It is not how much of it you have. It is, instead, what you do with it that counts.

Article source: https://www.nytimes.com/2022/08/19/sports/soccer/manchester-united-glazers.html