Man Utd owe over £300m in transfer instalments as spending 'problem' explained

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Man Utd owe over £300m in transfer instalments as spending 'problem' explained
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Man United's financial picture isn't looking healthy as the Price of Football podcast explains.

Manchester United owners the Glazers' use of 'the Manchester United credit card' to sign players is one factor that has led to the club losing £400,000 per week, an expert has claimed.

Recent times have shown the gulf between United and the rest of the league, with Erik ten Hag losing eight of his 15 games in charge this season - and two back-to-back 3-0 losses at Old Trafford have seen the club concede three goals in consecutive games for the first time since 1962.

"You ask yourself. If Manchester United, who arguably are one of the top three brands in terms of global followers in the game, if they can’t turn a profit, either there is a problem at the club or there is a problem in the industry - I think there’s an element of both. "That figure is now in the region of £300m. It looks as if the Glazers have been using the Manchester United credit card as a means of acquiring players. Where has the money gone? Show me a successful player. Even Bruno Fernandes, one that I always shout out, only plays when he’s in the right mood which isn’t a particularly good reflection.

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