Manchester United CEO Richard Arnold has been secretly filmed in an exchange with a gaggle of fans that the club have wasted £1billion in recent times. Arnold had reportedly caught wind that a gaggle of frustrated United fans were planning a protest outside his house and agreed to satisfy with a number of of them at his local pub in Cheshire.
Arnold, who has taken over from Ed Woodward, then spoke candidly in regards to the state of affairs at United. One fan present secretly filmed a part of the conversation and posted it on Twitter.
And Arnold was filmed admitting that United had wasted £1bn on transfers through the years while admitting last season was a “f***ing nightmare”.
“We spent a billion kilos on players. We’ve spent greater than anyone in Europe,” he said. “I’m not thrilled where we’re. It doesn’t sit easy with me and I worry how we get this sorted for the long run.
“What’s happened is we have now f***ing burned through money. You’ll be able to’t go to our training ground and say ‘show me where the £1billion 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’ve got taken the time to return here and make your views known – and I respect that.
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“We’ve blown through an unlimited sum of money. For this summer, the cash the manager and the director of football (John Murtough) wants is there.
“For the long run, for investing in a recent stadium and a latest-and-greatest training ground we’ve got to do something. We’ve got to get investors in. I would like that to do what I would like for the club. I’ve got to have additional cash now because no club on the planet has the cash to construct a recent stadium.
“You either borrow it or invest it. The cash has got to return from somewhere. You may not like our current owners – I can’t help that.
“But in case you want another person to are available they’ll see that the fans love the team and that’s positive. But last yr was a f***ing nightmare. There was hate at every game.”
Arnold was also asked about United’s interest in signing Barcelona midfielder Frenkie de Jong. He admitted that the Dutchman is of interest to Erik ten Hag, but he doesn’t play an energetic role in recruitment.
Arnold added: “Money will not be a consideration on who we wish. The manager wants him (De Jong) they usually have actually done the work. He’s an incredible player.
“Is it 100 or 200? I do not know. Get who you f***ing want. Do you wish me buying the players? Does that not ring a bell?”