Through the long years when Sir Alex Ferguson’s Manchester United were amassing trophies and cash, and Liverpool were stagnating in a derelict neighbourhood, Anfield could only dream of today’s reversal of fortunes. Liverpool, rebuilt and rebooted since 2010 under their US investor owners, arrive on Sunday as European champions and Premier League leaders at an Old Trafford groaning under United’s US owners, who have plundered the club and bungled the Ferguson succession. Liverpool’s owners, John Henry’s Fenway Sports Group, did not fully understand what they were taking on when they bought a club so steeped in history and emotion, but they learned from their early missteps and gradually refurbished Anfield with expertise. United’s, the six siblings of the Glazer family, bought the club in their debt-loading raid in 2005, enjoyed the fruits of Ferguson’s genius but are now on their fourth manager since his 2013 retirement with their former banker Ed Woodward in charge of the club. The contrasts are stark: a new main stand at Liverpool and Anfield Road redevelopment in the planning, while Old Trafford has leaked and lost its lustre. Liverpool made key changes in 2012 after the early £35m signing of Andy Carroll undermined the “moneyball”… Read full this story
£511m debt but dividends galore: the Glazers’ legacy at Manchester United have 215 words, post on www.theguardian.com at October 17, 2019. This is cached page on Europe Breaking News. If you want remove this page, please contact us.