Manchester United fans are furious with the Glazers after club announced losses of £115.5million during the 2021/22 season.
The Red Devils announced their quarterly financial figures on Thursday, confirming an overall revenue up to £583.2million, an increase of £89.1m from the previous year. However, the club's net debt now equals £514.9m, compared to £419.5m 12 months earlier, a rise of £95.4m.
As a result fans have since taken to social media to slam the club's controversial owners, the Glazer family – and continued to call for them to end their association with the club by selling it.
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One disgruntled United supporter tweeted: “Losses of over £110m. But dividends go out without fail. Enough is enough. #GlazersOut.”
Another added: “500m + Debt and the Glazers have the cheek to continue taking dividends? Despicable owners! Time to get out of our club! #GlazersOut #SirJimRatcliffeln.”
Meanwhile, a third also wrote: “Why do I feel this is just another distraction tactic to take our attention away from the Glazers? #MUFC #GlazersOut.”
Should the Glazers put Manchester United up for sale? Let us know in the comments section below.
Chief executive Richard Arnold did provide an update on the club's situation in a statement following the release of the financial figures. Saying: "Our club’s core mission is to win football matches and entertain our fans."
“Since our last earnings report, we have strengthened our men’s first team squad, completed a successful summer tour, and established a foundation to build from in the early stages of the 2022/23 season under our new manager Erik ten Hag.
“We have also continued to develop our women’s team with an aim of reinforcing our position among the leading clubs in the Women’s Super League.
“Ultimately, we know that the strength of Manchester United rests on the passion and loyalty of our fans, which is why we have made fan engagement a strategic priority.
“While there is a lot more work to do, everyone at the club is aligned on a clear strategy to deliver sustained success on the pitch and a sustainable economic model off it, to the mutual benefit of fans, shareholders, and other stakeholders.”
Britain's richest man Sir Jim Ratcliffe declared his interest in United back in August – saying that he wants full ownership of the Red Devils.
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