Welcome back to It Was What It Was. It's time for part two of our look at the unexpected role a horse would play in the controversial takeover of Manchester United by the Glazer family.

The episode covers the period of the Glazer acquisition, the impact of their ownership, and the financial manoeuvres that transformed the club.

From Alex Ferguson's complicated relationship with the Glazers to the missed opportunities and recruitment challenges that followed, this episode gives an in-depth look at how Manchester United's fate was sealed - and the horse that might have started it all!

00:00 The Decline of Manchester United: A 20-Year Journey

00:20 Introduction to the Football History Podcast

00:48 The Gibraltar Incident and Its Fallout

01:26 The Glazers' Takeover: A Turning Point

02:24 The Financial Strategy of the Glazers

02:54 The Early Signs of Trouble

03:58 The Glazers' Background and Business Practices

04:48 The Impact of Global Capital on Football

06:24 The Glazers' Vision and Strategy

08:43 The Financial Mechanics of the Takeover

10:41 The Role of Debt in Modern Football

11:54 The Glazers' Financial Maneuvering

14:32 The Aftermath and Long-Term Consequences

16:15 The Glazers' Legacy and Future Implications

18:26 The Financial Crisis and Its Impact on Football

20:57 The Leveraged Buyout Explained

22:52 The Final Stages of the Takeover

30:47 The Glazer Takeover and Initial Success

31:17 Fan Protests and Opposition

34:52 Financial Strain and Missed Opportunities

37:32 The Role of Ed Woodward

43:18 Transfer Market Failures

46:15 Managerial Missteps

53:37 The Glazers' Disconnect and Conclusion

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