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iamsetia · 21-02-2013, 05:48 PM

@rondwisan opa sy tambahin artikerl terkait ya,
Manchester United owner's move to promote Ed Woodward finalises the 'Glazerfication' of Old Trafford

In charge: Malcolm Glazer, the United owner, has moved Ed Woodward into one of the highest positions of authority at the club Photo: GETTY IMAGES

Edward Woodward succeeding Manchester United chief executive David Gill completes the Glazerfication of Old Trafford eight years after the Americans’ takeover.

Malcolm Glazer’s six children all sit on the United board but Woodward, recruited from JP Morgan after he engineered the £500 million of debt that funded their takeover is, in business terms at least, a seventh. The top job at Old Trafford represents his inheritance.

Gill, who will step down as CEO in July, has been a crucial figure in steering the on-field success of the Glazer years, working closely with Sir Alex Ferguson to identify, sign and retain playing talent. He also gave the club credibility in political circles, providing clout in European circles in keeping with United’s status.

But his retention as chief executive always smacked of expediency on the Glazer’s part. Gill, it must be remembered, opposed the Glazer’s initial offer for the club only to change his tune when their takeover became inevitable.

Woodward, by contrast, is a Glazer prodigy, delivering on the American’s vision of exploiting United’s commercial potential to the maximum. This strategy was central to the success of the leveraged buy-out that so enraged United’s fans and drew Gill’s opposition.

Eight years on the strategy can be declared a resounding success. In 2005, when Woodward joined the club, United’s commercial revenue was £48.7 million. Last year it stood at £117.6 mililon.

The income, coupled with bold refinancing including the bond issue of 2010, has helped the Glazer’s finance the debt and retain control. The supporters may hate it, but it has worked.

Woodward’s reward is to assume full control of an operation that he was already increasingly driving from his role as executive vice-chairman. He has been a more visible figure in recent seasons, available to the media, and last year began attending Premier League shareholder meetings alongside Gill. That can now be seen as part of the handover process.

Woodward’s major challenge now is to replicate Gill’s role on the football side of the business that underpins every commercial dollar United earn. He will enjoy several advantages, not least the continued presence of Ferguson and one of the most lavish transfer budgets in the game.

But Ferguson will need to see evidence that Woodward is up to the job of supporting him, and United’s rivals will hope Gill’s departure echoes that of David Dein from Arsenal. Many believe Arsenal’s troubles began the moment Arsene Wenger's board confidante left.

Gill is staying on the board for now, a move interpreted by many as a sop to Ferguson, who has made it clear he did not want his ally to move on, and he may yet play a part in recruiting Ferguson’s successor. Gill will also continue as an FA vice chairman and continue his campaign to win a seat on the Uefa executive committee.

He is an obvious and highly credible candidate to succeed David Bernstein as FA chairman, but soundings on Wednesday suggest that he is not actively seeking the role despite his suitability.

The Premier League will also appoint a new chairman this summer, but Gill is on the nominations committee for that job and there is no indication that he is about to step aside so he can be selected.

21-02-2013, 05:48 PM	#4
iamsetia first team Join Date: Dec 2010 Location: SETIA KARPET Posts: 2,894 Thanks: 1,603 Thanked 569 Times in 333 Posts Mentioned: 4 Post(s)	Re: Tepatkah Ed Woodward sbg pengganti David Gill di OT ??? @rondwisan opa sy tambahin artikerl terkait ya, Manchester United owner's move to promote Ed Woodward finalises the 'Glazerfication' of Old Trafford In charge: Malcolm Glazer, the United owner, has moved Ed Woodward into one of the highest positions of authority at the club Photo: GETTY IMAGES Edward Woodward succeeding Manchester United chief executive David Gill completes the Glazerfication of Old Trafford eight years after the Americans’ takeover. Malcolm Glazer’s six children all sit on the United board but Woodward, recruited from JP Morgan after he engineered the £500 million of debt that funded their takeover is, in business terms at least, a seventh. The top job at Old Trafford represents his inheritance. Gill, who will step down as CEO in July, has been a crucial figure in steering the on-field success of the Glazer years, working closely with Sir Alex Ferguson to identify, sign and retain playing talent. He also gave the club credibility in political circles, providing clout in European circles in keeping with United’s status. But his retention as chief executive always smacked of expediency on the Glazer’s part. Gill, it must be remembered, opposed the Glazer’s initial offer for the club only to change his tune when their takeover became inevitable. Woodward, by contrast, is a Glazer prodigy, delivering on the American’s vision of exploiting United’s commercial potential to the maximum. This strategy was central to the success of the leveraged buy-out that so enraged United’s fans and drew Gill’s opposition. Eight years on the strategy can be declared a resounding success. In 2005, when Woodward joined the club, United’s commercial revenue was £48.7 million. Last year it stood at £117.6 mililon. The income, coupled with bold refinancing including the bond issue of 2010, has helped the Glazer’s finance the debt and retain control. The supporters may hate it, but it has worked. Woodward’s reward is to assume full control of an operation that he was already increasingly driving from his role as executive vice-chairman. He has been a more visible figure in recent seasons, available to the media, and last year began attending Premier League shareholder meetings alongside Gill. That can now be seen as part of the handover process. Woodward’s major challenge now is to replicate Gill’s role on the football side of the business that underpins every commercial dollar United earn. He will enjoy several advantages, not least the continued presence of Ferguson and one of the most lavish transfer budgets in the game. But Ferguson will need to see evidence that Woodward is up to the job of supporting him, and United’s rivals will hope Gill’s departure echoes that of David Dein from Arsenal. Many believe Arsenal’s troubles began the moment Arsene Wenger's board confidante left. Gill is staying on the board for now, a move interpreted by many as a sop to Ferguson, who has made it clear he did not want his ally to move on, and he may yet play a part in recruiting Ferguson’s successor. Gill will also continue as an FA vice chairman and continue his campaign to win a seat on the Uefa executive committee. He is an obvious and highly credible candidate to succeed David Bernstein as FA chairman, but soundings on Wednesday suggest that he is not actively seeking the role despite his suitability. The Premier League will also appoint a new chairman this summer, but Gill is on the nominations committee for that job and there is no indication that he is about to step aside so he can be selected. Last edited by iamsetia; 21-02-2013 at 06:02 PM..