Manchester United news: Glazers set for huge pay



The six siblings inherited Manchester United from their late dad Malcolm Glazer who died three years ago following a protracted battle with stroke and the Glazers will get paid a reported £18m this year, after getting £15m the last time.

It means United have paid them a total of £33m in the last two years according to the club’s latest financial statement with the Red Devils set to cash in a record revenue of about £570m in 2017 based on one or two permutations.

The five sons and one daughter of the late Malcolm will receive the dividend which is made up of 18 cents on each share owned.

That adds up to $23.58million payable to the family and due to the fall of the value in the pound against the dollar, converts into £18m.

“As we near the end of the season, I am delighted we have picked up two trophies [the Community Shield and the League Cup] and look forward to competing for a third in the Europa League, the only trophy we have never won,” Ed Woodward, United’s executive vice-chairman said.

“We are forecasting better full year financial performance than expected and as such have raised our revenue and profit guidance. We look forward to a strong finish to 2016-17 on and off the pitch.”

United, who lost 2-1 to Tottenham in the Premier League on Sunday in the last ever fixture at White Hart Lane, qualified for this year’s Europa League final where they will face Ajax at the Friends Arena Stadium in Stockholm, Sweden after beating La Liga club Celta Vigo over two legs in the semi-final.

Victory over the Dutch side on May 24th will secure United automatic ticket to next season’s Champions League after finishing outside the top four in England topflight division this term.


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