ti vu
Full Member
- Joined
- Jun 16, 2015
- Messages
- 12,799
Just guessing here.The thing I will never understand is that it really is in the Glazers' best interest to actually hire a funcitoning set of execs to manage this club. It costs them money running it this badly. People talk about yes men this and that - but a more competent CEO than Woodward would have created more value in the past 5 seasons and thus delivered them more potential dividends and market cap.
People say 'as long as the dividends are there' the kids could care less, but surely the prospect of getting an additional $5m a year is incentive to pay attention?
Woodward's management should be viewed as a financial crime. He did well initially to spike our commercial revenue, but in the last 3-5 years has done nothing, been overtaken by our peers, wasted countless millions on terrible transfer sagas and delivered precisely 0 trophies, well in the last 3 years anyway.
Since Glazers own more gigs than just our club, they actually have Woodward, his men involved in their network. While those guys are not maximizing the profit for our club, in the overall scheme they still make good buck here, and as a whole they help Glazers to gain wealthily from all kind of operations. From perspective of owners who know nothing and care nothing about the club, to profit from this club and the network these moneymen help provide (money first), the owners would feel some kind of dependence, even gratefulness toward them.
And these men just don't like football people taking the top job, rocking the boat on their system.