SBC News Voice of the Sports Betting Industry
Betfred founder Fred Done blasted Manchester United football club owners the Glazer family, over the management of the 2012/2013 English Premier League champions. Done (71) a lifelong Manchester United FC supporter, condemned the ownership of the Club by the American Glazer family in an interview published in the Manchester Evening News on Sunday 9th of March.
Speaking in an hour long interview with the Manchester based newspaper, Done attacked the current management and finances of the club. Done commented that the club were in crisis and in dire need of financial aid in order to compete with its rivals in the Barclays Premiership.
Done commented: “It breaks my heart! They’re sat in Florida while 70,000 who love the club are paying for their debt and dividends and are not seeing a good team. We’re watching rubbish.”
Done further stated that Manchester United had fallen behind to local rivals Manchester City. “When you go there everything from the catering to what is on the pitch is better than United at the moment. Sheikh Mansour does not care about a return on his money. He has done fantastic for City and for the city of Manchester. The Glazers want dividends.”
In the interview Done made public that in 2010 he was approached by private consortium the Red Knights led by Goldman Sachs financier Jim O’Neil over a joining the consortium with the aim of a takeover of the Lancashire football club.
Currently Done’s Betfred bookmaker is offering 10/1 odds on the English Champions finishing in a Champions League place.
