I cannot fathom it either. First I heard that it was a thing was when the Glazers borrowed money to buy Manchester United then saddled them with half of the deb

I cannot fathom it either. First I heard that it was a thing was when the Glazers borrowed money to buy Manchester United then saddled them with half of the debt. They had no debt prior to being purchased. I don't know how common it is, but it feels like you're telegraphing that you're going to use the organization you bought as a piggy bank or a plaything. Like, see this shit (from https://en.wikipedia.org/wiki/Glazer_ownership_of_Manchester_United https://en.wikipedia.org/wiki/Glazer_ownership_of_Manchester...) From 2016, the Glazers paid themselves annual dividends from the club, at over £20 million every year from 2016 to 2020. In that same period, the club's debt repayments "all but ceased", described The Daily Telegraph, while interest payments continued. While paying dividends was common in business, Manchester United were the sole Premier League club to "pay regular dividends of any kind", reported The Daily Telegraph in May 2021 I don't even like Man Utd, but that's shady as hell