The Manchester United supporters' trust is still opposed to the Glazers' ownership of the club, eight years after the Americans assumed control at Old Trafford.
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Malcolm Glazer and co. were not well received when they bought the Premier League outfit in 2005, using leveraged debt in order to acquire the club.
The total debt taken on was split by the Glazer family and the club itself, and amounted to approximately £660million, with £62m annual interest payable.
As of November 2012, the debt had fallen to an estimated £359.7m.
Their decision to float 16.6 million class A shares on the New York Stock Exchange was seen not as an attempt to further the club's footballing interests, but rather as a means to improve their personal standing.
Duncan Drasdo, the chief executive of the supporters' trust, maintains that the Glazers seem unconcerned with putting the needs of the loyal supporters first.
"My opinion of the way they operate - and the way they have operated - hasn't changed," he said.
"The floatation was bang on course - the exact same business behaviour that they've exemplified all the way through. It was pretty aggressive. They've got an iron grip still on the voting rights. And there's no dividends payable on the shares, either, at least for the foreseeable future.
"And I think that looks like business people who are looking after themselves first and foremost and not custodians of the football club, which is what we'd really like to see."
With the increase in foreign ownership among British clubs in modern football, the Glazers have been criticised for what many see as an indifference towards the Red Devils' fan base.
"I don't feel as close to Manchester United now under the Glazers as I did when I was also a shareholder of the club," Drasdo continued. "I owned part of the club, and I felt that was an important part of my support and relationship with the club.
"You get that in Germany, where the fans feel really close to the club, because they are part owners of it - all of them - and so the club looks after them rather than trying to exploit them."
Another development that Drasdo feels further supports his stance is the recent appointment of Edward Woodward as the new chief executive at United, with the former banker set to take the reigns from the departing David Gill.
"Edward Woodward had been appointed and had become increasingly influential," he added.
"As I understand it, he was the guy who would talk to the Glazers pretty much on a daily basis, whereas David Gill would only speak to them once a week, if that, when there was some football matter going on."
"And so in one way, I guess his (Gill's) role as chief executive was kind of being undermined in that sense because he wasn't being seen as the most important man in the company from the owners' point of view."
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