The Athletic FC Podcast · March 26, 2026 · 36 min

What makes a good Premier League owner?

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Sir Jim Ratcliffe / Manchester United

When I've interviewed Sir Jim Ratcliffe, I said, 'What was your first Manchester United game?' And he didn't know. If you're a football fan of any club, you absolutely know what your first game was.

Andy Mitten

I'm not sure I really believe that Sir Jim Ratcliffe is the great big Manchester United fan he says he is, because we know when he was in London he went to Chelsea, we know before he bought United he was making overtures to Barcelona.

Matt Slater

Manchester United ownership

Most Manchester United fans have not liked the owners or decision makers for the entirety of the Glazer ownership, which you might find odd, but I can back it up with all the receipts.

Andy Mitten

Fan ownership models

I've completely changed my opinion on the Barcelona 'socios' model. I like that an unscrupulous owner cannot buy it, but unfortunately, you can still have an unscrupulous club president who can promise a load of things that are going to happen. Fans buy the lie.

Andy Mitten

Premier League ownership

I'd be amazed if we had fan ownership in the Premier League. I would be astounded.

Matt Slater

Premier League ownership models

About half of the Premier League clubs, 10 of them, are owned either by US billionaires or combinations of US billionaires and US funds.

Matt Slater

Fan culture and success

Success is the only barometer of what a successful club looks like for a lot of football fans. I see it and it frustrates me because a club like Manchester United is so turbulent and there's extreme overreactions to every win or defeat.

Andy Mitten

Bundesliga 50+1 rule

The 50 plus one model in the Bundesliga has cons and drawbacks too. Who is going to take on Bayern Munich with their enormous head start, commercial might, and guaranteed entry into the Champions League?

Matt Slater

Club investment strategy

Investment is essential, otherwise you are just sitting there as an absentee landlord counting the money. What are you doing with this thing that I, the fan, care so much about?

Matt Slater

Liverpool ownership (FSG)

FSG is a really complicated beast that for a lot of its lifetime, or certainly our experience of it in this country, we've treated as just John W. Henry because we need a face and a name.

Matt Slater