With Charlie Green hot to trot on a Rangers share flotation, it’s a good time to look at Friday’s Manchester United flotation and to see whether any parallels can be drawn with the Ibrox situation.
Both have operated under the ‘Prune Juice Economy’ as described by Lord Sugar. He explained that you shovel the money in at one end and it comes sizzling straight-out the other end as never-ending record payments are made to players and their agents to quell the spectre of financial collapse which awaits relegation should on-pitch performance falter.
You might instinctively think it’s an unfair comparison with Manchester United situated near the pinnacle of UK Football with a 660 million global fan base and Rangers sitting as low as it gets in the SFL. But I think there are possibly lessons to be learnt.
Manchester United Supporters Trust (MUST) opposed the flotation and on Friday called for: “A worldwide boycott of Manchester United sponsors’ products, with support across the UK, Europe, Asia and the US. Continue reading