MANCHESTER UNITED CEO Richard Arnold has admitted to fans the club have wasted up to £1BILLION in recent years.

Arnold spoke to United supporters who, unhappy with how the club is being run, had planned a protest outside his house.

Man Utd CEO Richard Arnold met with fans at a pub

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Man Utd CEO Richard Arnold met with fans at a pubCredit: Twitter / @MufcWonItAll
Arnold met with fans who had planned to stage a protest outside his house

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Arnold met with fans who had planned to stage a protest outside his houseCredit: Twitter
The Old Trafford chief admitted the club have wasted up to £1bn in recent years

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The Old Trafford chief admitted the club have wasted up to £1bn in recent yearsCredit: PA

The 51-year-old is claimed to have headed down to his local pub, where protestors were gathering, to speak to fans directly.

He spent time talking to supporters about the current state of affairs at Old Trafford.

United fans have protested against owners the Glazers multiple times throughout the course of the season over how the club is being run.

And this evening Arnold admitted much of the £1bn shelled out on player incomings in recent years has been wasted by the club.

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But he promised new boss Erik ten Hag would be backed financially in this summer’s transfer market.

Fans who spoke to Arnold say he told them club officials are currently in Barcelona trying to wrap up a deal for midfielder Frenkie de Jong.

Ten Hag has identified De Jong as one the players he wants to help him return United to challenging for silverware.

It’s also claimed Ten Hag has informed United chiefs of his summer targets and the club have put measures in place to try and recruit his favoured personnel.

SunSport have contacted Manchester United for comment.

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Fans have continually protested against owners the Glazer family in recent years

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Fans have continually protested against owners the Glazer family in recent yearsCredit: PA

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