Overspending for a long time! Sir Jim admits Man Utd will run out of money by the end of the year mungme168

mungme168 Manchester United co-owner Sir Jim Ratcliffe admits the club will run out of money by the end of the year if they don’t do something quickly.

The Red Devils have taken cost-cutting measures, including laying off 450 staff and ending free lunches for staff, while also raising ticket prices for games, which led to thousands of fans protesting ahead of their game against Arsenal last weekend. mungme168

However, Sir Jim has defended the club’s policy this time, saying United could be bankrupt by Christmas if they don’t do this.

” The simple answer is the club will run out of money by Christmas if we don’t do those things, ” Sir Jim said.

” If you spend more than you earn, it’s a path to disaster. Manchester United have gone astray. If you look at the numbers, it’s quite scary because they’ve lost control of where the ship is heading and the costs are spiraling out of control.”

“Simply put, the club has spent more than it has earned in the last seven years, including this year. If you do this for a long time, it ends in a difficult situation, and for Manchester United, it will end at the end of this year.”

“At the end of 2025 Manchester United will run out of money. This is the first time we have said this publicly, but it is true .” ( mungme168 )

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