Close sidebar

Glazer and Kroenke News May Have Repercussions For Man United and Arsenal

Manchester United

All of major Premier League clubs in England are owned by foreign billionaires. Examples include Russian Roman Abramovich at Chelsea, John W. Henry (Fenway Sports Group) at Liverpool or Sheikh Mansour at Manchester City.

As most already know, the Americans Stan Kroenke and the Glazer family own the majority of shares at Arsenal (almost two-thirds) and Manchester United (over 90%) respectively.

Both of the latter two families have NFL interests in their homeland, with Kroenke owning the St. Louis Rams and the Glazers owning the Tampa Bay Buccaneers. Both franchises have big news which may send shock waves back to England.

MANCHESTER, ENGLAND - AUGUST 16:  Joint Manchester United Chairman Avram Glazer looks on prior to the Barclays Premier League match between Manchester United and Swansea City at Old Trafford on August 16, 2014 in Manchester, England.  (Photo by Alex Livesey/Getty Images)
 Joint Manchester United chairman Avram Glazer.

Starting with the Rams – the team from Missouri have sent in a bid to the currently franchise-less Los Angeles, according to ESPN. Competing with two Californian clubs Oakland Raiders and San Diego Chargers, whoever successfully wins the bid will have to fork over over $500 million as an NFL fee for relocating a team.

For argument’s sake, if the fee is $600 million to relocate, then that would accumulate to more than one-third of the total net-worth of all three teams (Rams $1.45 billion, Raiders $1.43 billion, Chargers $1.525 billion).

The advantage must go to the majority Arsenal owner, who ironically took over with overlying costs from the club’s move from Highbury to the Emirates Stadium. Kroenke is the second wealthiest owner in the NFL with a net worth of $7.6 billion, according to Forbes and this wealth must make him the front-runner in the bid.

EARTH CITY, MO - JANUARY 17: St. Louis Rams owner Stan Kroenke addresses the media during a press conference at the Russell Training Center on January 17, 2012 in Earth City, Missouri.  (Photo by Dilip Vishwanat/Getty Images)
St. Louis Rams owner Stan Kroenke.

The Rams feel that their bid for a team in L.A. is the best one, but one could imagine this substantial investment from Arsenal’s main man may have the coffers at the North London club running dry if the bid were to be successful.

With Arsene Wenger’s long-term future at the club throwing up question marks, the news stateside may come as a watershed moment for the Gunners.

Moving onto the Bucs – the franchise has just let go of their head coach Lovie Smith following a 6-10 season. This news may come as positive for the anti-LVG campaign at Manchester United, but this 6-10 follows Smith’s first season in charge at 2-14 (league-lowest) where he took over a horrible roster.

LANDOVER, MD - NOVEMBER 16: Head coach Lovie Smith of the Tampa Bay Buccaneers is shown on the sideline during a game against the Washington Redskins at FedExField on November 16, 2014 in Landover, Maryland.  (Photo by Mitchell Layton/Getty Images)
Former Tampa Bay Buccaneers head coach Lovie Smith.

On a more negative front, sources coming out of Fox Sports suggest that it wasn’t Smith’s second losing season which drew the line, it was his refusal to shuffle and change his coaching staff at the advise of General Manager Jason Licht and co-chairman Joel Glazer.

So what does this mean for Manchester United fans? The Glazers are willing to be, at this current time, patient with their manager but expect a certain degree of loyalty if the form isn’t at where they expect it to be.

The anti-LVG brigade have suffered another blow after Van Gaal’s side have picked up four points in their last two games, with the last game against Swansea finally seeing captain Wayne Rooney on the score sheet.

Brein McGinn, Pundit Arena

Sign Up For The LOI Arena Newsletter

Read More About: , , , , , , , , , , , , , , , , , ,

Author: The PA Team

This article was written by a member of The PA Team.