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Manchester United isn’t registered in Manchester. Or even England. It’s registered in the Cayman Islands. This video breaks down how the Glazer family used debt, offshore finance, and tax havens to turn one of the world’s biggest football clubs into a cash-extraction machine. Since the 2005 leveraged buyout, Manchester United has paid over £1.18 BILLION in interest, fees, dividends, and director payments — while Old Trafford crumbles, debt remains, and success on the pitch declines. We explain: How the Glazers bought Manchester United with borrowed money Why the club was moved to the Cayman Islands How dual-class shares guarantee Glazer control Where £1.18 billion actually went Why United’s debt never disappears How this compares to other Premier League owners Why fans say the club has been financially hollowed out Nothing here is illegal. But legality and morality are not the same thing. This is the financial story behind Glazers Out, the Super League backlash, and why Manchester United — one of the richest clubs in world football — nearly ran out of money. 📌 Sources include BBC Verify, Manchester United annual reports, and public financial filings. If you care about football, ownership, and what happens when clubs are treated like offshore assets — this is a story you need to see. Like, subscribe, and comment: Is this just “smart business”… or a legal scam?