Man Utd CEO tells fans at pub about “f***ing nightmare” season and wasted money
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Manchester United CEO Richard Arnold met supporters at a pub where he called last season a “f***ing nightmare” and admitted the club has wasted £1billion.
Arnold met with the disgruntled Red Devils supporters after catching wind of their plans to protest outside his house. He instead met the United faithful at the Cheshire pub they were in to air out their grievances over the club’s lack of spending so far this summer, with the footage then shared online.
The 51-year-old offered a brutally honest assessment of the mess United find themselves in after suffering their worst ever Premier League points total and going trophyless for yet another season.
Arnold, who sat in a beer garden among fans, listened to their views and voiced where the club is trying to improve. He admitted that the club’s transfer strategy in recent years has been abysmal before revealing he “hated every minute” of last season.
He said: “We’ve f***ing burned through cash. We spent a billion pounds on players, we spent more than anyone in Europe.
“I am not thrilled with where we are, it doesn’t sit easy and we’ve got to get this sorted. Last year was a f***ing nightmare. I was hating every minute of it.
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“You can’t go to our training ground and go ‘show me where that billion pounds is here’. I don’t think we’ve done well with the money we’ve spent historically. We’ve blown through an enormous amount of money.”
Arnold reiterated that he would not stand in the way of protests against the club’s Glazer ownership, but insisted a prospective new owner would only be interested in buying a club where fans were happy.
He went on to say the club needs investors in order to upgrade its facilities, before ensuring that incoming manager Erik ten Hag and John Murtough will be backed financially in the summer transfer window.
Arnold explained: “This summer, the money that the manager and director of football wants is there. For the future, for investing in a new stadium and that sort of stuff, to do a latest and greatest £250 million training ground, we've got to do something, we've got to get investors in.
“I need that to do what I want for the club, I've got to have more cash than I have now.
"No club in the world has the money to build a new stadium without getting it from someone. You either borrow it or someone invests it."
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