Outlook There is positively copiousness to be vexed about the approach the Glazer family paid for Manchester United and installed it up with debt, but one cannot assistance a devious grin at the identities of a little of the Red Knights right away roving over the mountainous country to the rescue of the bar on interest of "true" football fans. If the likes of Jim O"Neill and Paul Marshall right away paint the excusable face of capitalism, it tells you something about the reproof indifferent for the Glazers.
Mr Marshall is one half of the partnership that founded Marshall Wace, the sidestep account business. You might have seen his name referred to in despatches a integrate of times over the past integrate of years: initial when his sidestep account strike the headlines offered short the shares of Halifax Bank of Scotland and Northern Rock (remember what happened to them?), and subsequent when he appeared in front of MPs fortifying the sidestep account industry and battling a anathema on short selling.
Mr O"Neill, meanwhile, is arch strategist at Goldman Sachs. You"ll really have come opposite the name. Think large bonuses for staff usually a year after the tellurian promissory note bailout, think recommendation to Greece on how to by-pass EU borrowing rules, think investment bank famously dubbed as a "great evil spirit squid wrapped around the face of humanity".
None of this is to contend the Red Knights would be unsuited bidders for Manchester United, or even to accept that critique of their day-to-day commercial operation activities is indispensably satisfactory only to comply that peoples memories are short and that when it comes to football, all receptive thought disappears out of the window really quickly. For, similar to the Glazers themselves, a little of these knights are all as well informed with the feeling of being open rivalry No 1.
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