I can't see anything in your comment that highlights how the Glazer ownership is distinctive from the Martin Edwards era. Why wasn't Old Trafford modernised prior to their takeover in 2005? What grand strategy lay behind responding to Arsenal invincibles and Jose's Chelsea cantering to league titles by signing Djemba Djemba (as Roy Keane's replacement!), Liam Miller, Alan Smith (the new Cantona apparently!) and Kleberson!
Surely you can't be serious re: Old Trafford prior to 2005. The stadium was refurbished and expanded several times after the start of the Premier League and before the Glazers took over. We even hosted the CL final in 2003. Old Trafford was once one of the premier grounds in England. We moved from the Cliff to Carrington in 2000. At the time, this was a top-tier training facility, so much so that Giggs was surprised Robben chose Chelsea over us given the respective facilities at both clubs. Not so now.
And just because signings didn't work out doesn't mean they weren't brought with a strategy in mind. People forget, but Kleberson had just won the World Cup with Brazil when we signed him. That it didn't work out doesn't mean that the signing wasn't thought-out. I remember at the time many pundits believed he was fundamental to Brazil's success in that tournament.
And also context: when Chelsea won the league, we were in transition. This was in the 2004-05 season. We had a very young Rooney, and a very young Ronaldo. The plan was to see them develop, and add players going forward. Most importantly, we had a declining Keane. You said it yourself, the signing of Djemba Djemba was meant as a cheap option to replace Roy Keane (forward thinking, something this club has nowadays rarely shows). My impression was that Fergie at the time was trying to outdo Wenger by signing an unknown from the French market and polishing him up to world-class level. It didn't work. Just because the signing didn't work doesn't mean there wasn't thought put into where he would fit in to what we are trying to do. That's my gripe with the Glazer regime: no strategy.
The club has long been a profit-maximising machine whose archaic set up was masked by Fergie's phenomenal management. Up until 2013 and 8 years after the Glazers too over, Utd were still successful on the pitch and there wasn't this fevered talk of Glazer's lack of "strategy" and "leadership." What changed in 2013, Fergie was gone and the common denominator behind the club's success was gone.
The Glazer's key error was seeking to replicate what worked under Fergie - appointing a "good" manager and trusting him, largely, with the player signings. As each manager proved unworthy, each successive new manager was faced with a squad of players that needed a clearout.
So you concede that the Glazers have mismanaged the club, after all? They are the ones making the decisions, and keep making them despite over a decade of data telling them they should change how they do it.
As for missing key signings, do you think we didn't miss out on key signings in the Edwards's era? Remember Alan Shearer in the 1990s, Zidane was also supposed to join us from Bordeaux in 1996. I remember feeling frustrated when we missed out on the South African captain, Mark Fish. In 2003, Harry Kewell left Leeds for Liverpool suggesting that United were going nowhere and he could win more trophies with Liverpool.
Please do not misrepresent my argument. The point is not about missing out on key signings. Anyone can miss out on key signings. The point is how and why we miss out on key signings. A player can decide not to join, like Shearer or Gascoigne did. That's fine. But when players are offered to us, or even want to join us (it happened twice with Thiago alone), and the decider is an owner more interested in saving a couple of bucks than creating a winning team, then that's a problem. Or when agents, etc. look at the club as an easy, gullible mark, like they did with Woodward in charge.
There's an article from the Athletic discussing our confusing structure and how football professionals view what's happening in the club. I suggest you read it.
I think most are emoting about our present abject lack of footballing success and scrambling around for easy answers to which the Glazers present archetypal villains. We need to be clear exactly what and when things went wrong.
No one with enough financing to take over from the Glazers would do anything other than try and make a profit from their investment after making the hefty outlay to purchase the club. Utd is too big to be a City, Newcastle or Chelsea. So we can pretty much forget about having a benevolent owner who simply wants to see us win trophies. If it's about putting more investment in infrastructure, appointing a competent DOF (moving away from the Fergie era of the all powerful manager), and setting up a good scouting system, I am not sure you necessarily need a change of ownership to do all of that.
The Green and Gold protests began in 2011, when we'd been league champions, made it to consecutive CL finals, etc. I'd suggest that claiming the current protests are merely because of a lack of footballing success is precisely the facile argument you're claiming mine to be. All this that's happening right now is merely the kettle coming to boil after a long period of simmering discontent. Only those who've had their heads in the sand think this is a sudden eruption brought on by abject failure.
And are you suggesting no one out there - profit-driven or not - can do better than the Glazers? Because you can't be serious! I've often thought to myself that the Glazers must be the lousiest businessmen given the amount of money they've wasted (the club's money!). Even if they wanted to get a significant ROI, there are better ways to get that without appointing fools to run the club.
We've had 17 years of the Glazers. About 10 of them without Fergie. That's more than enough time to judge what they are. Are you really saying we need to give them more time to implement the simple organizational changes to maximize the resources we do have? IF they haven't done so after all this time, they won't going forward. It's not a bug that needs fixing, it's a feature.
I recently came across an old clip from a Bucs fan on Twitter pretty much making the same points about the Glazers. Theirs is a very different sporting model from Europe, but I guess we are all wrong, and it's the fans to blame.