Manchester United CEO Richard Arnold has revealed that Man United made a lot of mistakes in running the affairs of the team last season. Arnold made the shocking revelation during a discussion with some Manchester United supporters.
He admitted that the club ‘burned through cash’ with unproductive transfers and explained the last 12 months as a ‘f***ing nightmare’. The CEO added that Manchester United players had a difficult time after the Euro 2020 competition.
He went further to beg the Manchester United supporters to quit the protests that have spoilt the mood at the club.
Unfortunately for him, the discussion was filmed without his consent. In reaction to that, a Man United spokesperson said: ‘Richard heard that a group of fans had gathered in a pub near his house.
‘He went to meet them, bought them all a drink, listened to their views, and explained what the club is doing to deliver success on the pitch, improve the stadium, and strengthen engagement with fans.
‘The decision by Arnold to engage is indicative of the club’s desire to be more honest and transparent with supporters.
Richard Arnold was named United’s Chief Executive in February, succeeding Ed Woodward, and his first big move was to appoint Erik ten Hag as manager after United finished sixth in the Premier League, 35 points behind champions Manchester City.
While discussing with the supporters, Arnold said: ‘We spent a billion pounds on players, more than anyone in Europe. I’m not thrilled where we are. It doesn’t sit easy with me and I worry how we get this sorted for the future. What’s happened is we have f***ing burned through cash.
‘You can’t go to our training ground and say ‘show me where the £1billion is’ because we haven’t spent money well historically. Last year was a f***ing nightmare. There was hate at every game. We’ve blown through an enormous amount of money.’
United supporters are concerned that they are falling farther behind City and Liverpool, who have already made significant additions to their teams during the current transfer window. Darwin Nunez, a target for Ten Hag, has joined Liverpool but the club is in talks with Barcelona on a £70 million deal for Frenkie de Jong.
Despite failing to qualify for the Champions League, Arnold asserted that a budget is in place to bolster a squad that has lost Paul Pogba, Jesse Lingard, Edinson Cavani, Juan Mata, and Nemanja Matic since the end of last season.