Simon Jordan has accused the Glazer family of making “diabolical football judgments” after it was revealed that United pay approximately £400m per year to underperforming players.
After failing to qualify for the Champions League last season, the Premier League powerhouses have experienced a difficult year and are currently rebuilding under new manager Erik ten Hag.
Following the return of supporters to the stadium following the pandemic, United’s quarterly income increased by 18% to $538 million, according to the club’s quarterly financial report released on Thursday.
United generated net losses of over £2 million per week despite a 19% increase in their entire pay spend to just under £400 million, a Premier League record.
Jordan was incredulous when learning of the stats, which come only months after United’s struggling squad was responsible for the club’s worst Premier League finish ever last season.
Jordan stated, “When the optics are awful, and they are poor, and when you have a football club that doesn’t play well on the field and isn’t operating well economically, then you’re going to have this issue.”
It tells the Glazer-hating fanbase that the Glazers are not for them, regardless of how much money they make or how successful they are on the field, according to their own words.
The Glazer family have been unpopular caretakers at Old Trafford ever since they purchased the club in 2005, and have already been the target of protests from the club’s angry fans this season, leading to rumors that the Americans may be prepared to end their controversial premiership.
Despite United’s losses, it has been reported that the Glazers might still get roughly £20 million in dividends. But Jordan is sure that the club’s underperforming players pose a greater problem.
“Let’s have it right, £20m in dividends, I don’t care whether they receive it or not because I have no financial interest in Manchester United, but what about the £400m that those slobs on the pitch are getting paid to produce the results that they’re producing?”
“Why isn’t the story about the £400 million they’re paying to players who are clearly underperforming? What I would support with the Man United Supporters Trust is not the five percent of money distributed in dividends, but the Glazers’ disastrous football. decisions.”