Man Utd chief Arnold confesses to fans: What's happened is we f****** burned through cash - 7M sport

Man Utd chief Arnold confesses to fans: What's happened is we f****** burned through cash



Posted Sunday, June 19, 2022 by Tribalfootball.com

Man Utd chief Arnold confesses to fans: What's happened is we f****** burned through cash

Manchester United chief exec Richard Arnold has offered fans a brutal assessment of the club's management.

Arnold met with supporters at the Boot Inn pub in Cheshire to discuss the club's situation after finding out they were going to launch an anti-Glazer protest at his house on the weekend.

In a recorded video, Arnold says: "What's happened is we f****** burned through cash... you can't go to our training ground and say 'by the way, show me where that billion pound is here' because I don't think we've done well with the money we've spent historically.

"We've blown through an enormous amount of money. For this summer, the money that the manager and the Director of Football wants, is there. For the future, for investing in new stadium and that sort of stuff, to do a latest and greatest £250m training ground, we've got to do something. We've got to get investors in.

"Again, I need that to do what I want for the club. I've got to have more cash than we have now. No club in the world has the money to do a new stadium without getting it from someone. You either borrow it or someone invests it.

"The money's got to come from somewhere, and you may not like our current owners, I can't help that. But if you want someone else to come in they have to look and say 'okay their fans love the club and the love the team, its positive'.

"I look at last year as a f****** nightmare. it was a nightmare. I was hating every game, it was a couple of things. One of the protests..."

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