On the face of it, you might think the Glazers would stand above accusations they do not invest in Manchester United.
But no more than a cursory glance at the latest financial results tells a different story.
One that we all already knew.
In a year when the club made a record net loss of £115.5million, it also paid out a record £33.6m in dividends – mainly to the Glazers.
In his analysis of United's books since the Glazers took over in 2005, football finance expert Kieran Maguire points out that the club have made an overall pre-tax loss of £320m, but has dished out dividends of £132m.
The figures are so eye-watering they become a bit of a blur. Gross borrowing under the Glazers? £636m. Total interest costs? £886m.
None of it is out of the Glazers' pockets, which are perpetually stuffed with dollars. There are details in the latest accounts that make you wonder about the competency of those running the operation on a daily basis.
How could you employ a stop-gap coach and end up having to pay almost £15m to get rid of him? That is what it cost to part company with Ralf Rangnick and his staff after one of the more bizarre six months in United’s history.
Rangnick took United out of the Champions League at the last-16 stage and then finished sixth in the Premier League. His previous managerial role had been two years earlier at RB Leipzig and he was taken from his office role at Lokomotiv Moscow.
As the German headed towards retirement age, Ralf won the lottery at Manchester United – in spectacular style.
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Don’t forget, not long before shelling out £10m or so to pay off Ole Gunnar Solskjaer and his coaching staff, the Norwegian was given a new three-year contract. Incompetency is implied by other figures. A record wage bill of more than £384m should be reflected in a higher position than sixth.
Executives have made the wrong managerial choices, the recruitment department have made wrong playing choices, but the figures show none of that matters to the Glazers.
Dividends will keep pouring into their bank accounts and they will continue to have an asset they can sell for billions.
And just imagine if the team ever start winning things again.
But the demoralising thing for United fans and football fans is trying to find a reason why they would sell any time soon.
Because the bottom line is that this magnificently supported club can go a financial year without winning a trophy, can go a financial year with record losses… and still the Glazers coin it in.
No wonder they are in no rush to leave.
