Glazer family accused of draining £1bn from Man United
The Glazer family has been accused of draining £1bn from Manchester United and wrecking the club's chances of dominating Europe.
The Manchester United Supporters Trust (MUST) chose the 10-year anniversary of the Glazers' takeover to launch a fresh attack on the American family.
The Glazers' £790m leveraged buyout of United in 2005 caused uproar among the club's fans and sparked the creation of breakaway club FC United.
Ten years on, MUST is still unhappy about the way the family borrowed against the club to finance their takeover.
"Not investing a single penny might be considered an 'ownership crime' by fans at most clubs but far worse than that they have actually extracted colossal sums from Manchester United," MUST said in a press release.
"When all interest and charges on their leveraged buyout is added up, plus money they've paid themselves, plus related debt still on the club, they've taken more than £1bn and it's still rising.
"No owner in the history of football in any country, ever, has taken so much money from a club."
Manchester United refused to comment on MUST's statement.