Manchester United Should Know Better Jeremy Warner Independent Business October 26th 2004 Sir Roy Gardner, chairman of Manchester United, should know better than to put the supposed interests of the football club and its fans over those of his shareholders. His statement yesterday was an outrageous dereliction of his duty to investors. If he had rejected the Glazer bid on the grounds that it was too low, that would be one thing, but he rejected it because it was too highly leveraged, a fact he thought would damage the long-term interests of the club. That's not for him to decide and, anyway, if the bidder wants to destroy the company he's just bought, that's his business. The death of Manchester United might actually be quite good news for English football. [EMAIL PROTECTED]
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