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Joel Glazer speaks out on Man Utd finances
Manchester United co-chairman Joel Glazer has spoken about the club’s financial situation at a fan forum.
With the Red Devils chasing multiple big-name transfers this summer, Glazer appeared to declare the club will continue to spend, despite the club’s massive debt.
“We think Manchester United are a very well run club, and we think football clubs could look at us, and there is a lot of good to see when it comes to some of these things that are controversial,” Glazer said. . cited in meeting minutes.
“We are able to spend with the best clubs in Europe, whether it is salaries or transfer fees, we have been able to keep the price of our tickets low, we have not increased them for more than 10 years. years.”
He later added: “He [debt and dividend payments] has never stopped us from pursuing players or transfers on the pitch, “he added.
“We may have sometimes strayed from transfers because the other party wanted a strange number. And while it’s easy to pay it once, it does have consequences.
“You do it once and the next person expects it, then the next person expects it. And that’s not good, in the end, for the club. So we think we’re capable of ‘accomplish all of these things and we always have.
“We will continue to invest in the field, which we did last year, and we plan to do so significantly this year. So we think we are well positioned.”