Manchester United 'burned through cash' - Chief Executive admits club have 'not spent well' in leaked conversation

Manchester chief executive Richard Arnold admitted the club had 'burned through cash' in an expletive-ridden conversation with fans. United have spent over £1 billion on players in the past nine years, with few trophies to show for it and no Premier League titles. Ad/> Last year the club finished trophyless and sixth, missing out on Champions League football.

FootballEngland look for ruthlessness ahead of Euro 2022 — The Warm-Up17/06/2022 AT 07:56 Arnold was discussing the club's transfer policy with fans which was taped and leaked. And he admitted the club had 'blown through money' recently. “We spent a billion pounds on players.

We have spent more than anyone in Europe," Arnold fired. “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*cking burned through cash. Neymar set to 'leave the national team' after World Cup in Qatar Chelsea plan Raheem Sterling transfer ahead of Romelu Lukaku exit to Inter Milan — Paper Round “You can’t go to our training ground and say ‘show me where the £1 billion is because we haven’t spent money well historically. I’m not here to defend (chairman) Joel (Glazer).

He must speak for himself. “But you have taken the time to come here and make your views known — and I respect that. We’ve blown through an enormous amount of money.

“For this summer, the money manager and director of football (John Murtough) wants is there. For the future, for investing in a new stadium and a latest-and-greatest training ground we’ve got to do something. We’ve got to get investors in.