Can an investment banker and a hedgie save Man Utd?
Even as an Arsenal supporter, it's difficult not to feel the pain of Man Utd fans for the supposed devastation wreaked by the Glazers at the club they bought at the end of 2004/5 season.
Let's look at the record of shame and degradation.
Since the Glazers bought Man U, the team has won the Premier League three times (in successive seasons), they've won the League Cup three times, they've won the Champions League, and they've won the Fifa Club World Cup.
Let's not beat about the bush: the takeover has been an unmitigated disaster.
Some might say that the Glazers are entitled to ask why on earth they are detested by fans even more than most owners of clubs (and for reasons that are slightly unclear, football is the probably the last home of explicit class warfare and 1930s socialism, in that fans are rarely enamoured of proprietors).
Of course, the resonant issue about the Glazers is whether the debt they've heaped on the club - some £700m odd through the complicated corporate structure they've created - will curtail its success in the future. This was an issue I raised here back in early January (see Can Man Utd Spend?).
And there's a related question - which has gained considerable traction as a result of the diligent analysis of contractual details in Man Utd's recent £500m bond issue by the Andersred blog - about whether the Glazers are planning to maximise the financial squeeze on the club by draining every last penny of available cash for their own benefit.
The problem for the publicity-hating Glazers is that the principle of "beyond reasonable doubt" simply doesn't apply to their trial on the terraces. In the absence of any public statements by them, it is simply assumed that they are planning to rape the club in a financial sense and leave it destitute.
So what is the verdict of today's authoritative survey of football club finances by the accounting firm Deloitte? Well Man Utd fell from second to third in Deloitte's league table of clubs ranked by revenues.
But there is a slightly spurious element to the gap that has opened between the turnover of Man Utd versus that of Real Madrid and Barcelona - which is that (as you probably noticed) the pound has weakened considerably against the euro in the relevant period, which benefits the Spanish clubs when translating income into a common currency.
All that said, the debt-heavy financial structural of Man Utd does look unfortunate.
In the run-up to the credit crunch of 2007, leveraging up - loading up a business with debt - was the financial structure of choice for all manner of financial organisations.
As readers of this column will be only too aware, the rising leverage of banks, non-financial businesses, households and governments all made their contribution to the worst recession the UK (and the world) has seen since the 1930s.
And it has become something of cliche that we have to start saving more and get the debt down - which will become something of an imperative when central banks cease their emergency help for the global economy and start raising interest rates back to more normal levels.
So many would say that Man Utd, like the British government, would probably be advised to start making plans to reduce its indebtedness.
Which brings me to an initiative by a senior Goldman Sachs partner and one of London's most successful hedge fund managers to rally to the alleged cause of true Man Utd fans and organise a buyout of Man Utd.
This is one of those "you couldn't make it up" moments.
The heroes of the moment, Jim O'Neill of Goldman and Paul Marshall of Marshall Wace, have made colossal personal fortunes over the past few years thanks to their firms' use of leverage or debt.
There are some who believe that the likes of Goldman and Marshall Wace - even when operating on reduced leverage or borrowing ratios - still pose a threat to the stability of the global economy.
But - apparently - it's the leverage ratios of Man Utd and its stability which is rather more important.
It is also worth noting that although they've mooted a price of £1bn to acquire the club, no detail has been provided about how much of that would be funded by debt and how much by equity.
So Man Utd fans should ask to see the small print before rallying to their cause, because there would be no benefit to them of replacing one debt-heavy financial structure for another.
Also, it's incredibly early days for these buyout plans: there's been one meeting of the putative bidders and a barrage of media hysteria.
And, to state the bloomin' obvious, the Glazers don't have to sell and have shown no inclination to do so.
Man Utd is an important business for the UK, generating considerable overseas earnings and international goodwill for this country.
But the Glazers own it. And the last time I checked, the protection of property rights - even at football clubs - was a not unimportant pillar of our capitalist democracy.
PS For more on this and other aspects of football finance, tune in to our live debate at 8pm on Radio 5 Live and the BBC News channel.