Gary Neville launches into angriest Man Utd rant yet as ‘****fest of management’ blasted

Former Manchester United defender Gary Neville has called out the Glazer family for damaging the club’s financial health in the wake of Ineos’ latest cost-cutting measures

Gary Neville has launched a scathing attack on the Glazers, claiming their “s***fest of management” has led to Manchester United’s current financial woes.

Sir Jim Ratcliffe and Ineos are now in control of sporting operations at Old Trafford after the British billionaire bought a stake in his boyhood club, but the Glazer family are still in power at United.

Ratcliffe has been heavily criticised for some of his cost-cutting measures since buying into the club, including the decision to make 250 staff redundant in the summer. A further 200 redundancies were announced this week as United unveiled plans to return the club to profitability.

The measures were discussed on the latest episode of The Overlap, where Neville again made it clear that it is the Glazers who have driven United into the ground financially.

He explained: “About three years ago, I said that United needed to bring money in. It was a car crash waiting to happen. The club’s finances are shot, absolutely shot to pieces.

“The debt, the recruitment’s been reckless, the increase in staff from 600 up to 1,200, which is just unbelievable, the lack of Champions League football, which is £30, 40, 50 million a year, it’s an absolute mess.

“The club has run out of cash. What you now see are desperate decisions. Some of them I think are needed, some are bad. You don’t remove food off people at Old Trafford, you don’t take £40K off the ex-players. And to be fair, (the sacking of) Dan Ashworth was a mess, because that’s someone you’ve chased for eight months and you get rid of after three months, that’s a shocker and that’s £4m.

“But this is a culmination of absolute s***fest of management from the Glazers. To the point whereby a £1bn has been paid off in interest, the club has dipped off in terms of performance, cash flow, profit – it’s lost £300m in three years.

“Man United used to be the most profitable football club – in 2018 they had £350m in the bank. From that point on now, I think (Ratcliffe’s) Ineos put in £300m and there’s not much of that left.”

Neville’s words come off the back of Manchester United’s latest financial results, which revealed that the club has £731m worth of debt on their books, the majority of which is related to the Glazers’ leveraged buyout of the club back in 2005.

Despite numerous fan protests, Avram Glazer made it clear that the family would not be selling up earlier this month when he was questioned by a report in the United States.

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