By Dr Dan Plumley

5th Feb, 2023 | 9:19am

Finance expert reveals ‘huge’ Man United takeover news

Potential investors looking at buying Man United won’t be deterred by the club’s £2million-a-week losses last season.

That is the opinion of finance expert Dr Dan Plumley, who spoke exclusively to Football Insider about how revenue reports from Old Trafford could affect a potential takeover.

The Athletic reported last Thursday (26 January) that Man United reported a £115m net loss for the 2021/22 season, with the club losing on average £2million every week during that financial year.

During that period, the Glazer family pocketed £33.6million in dividends.

The American owners of the Red Devils have since revealed that they’re open to selling the club, with the official club statement in November suggesting they were on the lookout for “strategic alternatives”.

Plumley insists the financial losses at Old Trafford will not scare off any potential investors.

“I don’t think it will deter investors,” Plumley told Football Insider’s Sean Fisher.

“We have to factor Covid-19 into the financial situation and that the revenue position has picked up this year.

“Overall, the appeal of buying Man United will always be there.

“We know it’s a big investment to take on with the stadium and training ground both needing big improvements.

“So the acquisition price and investment price is certainly not cheap.

“But Man United are still a huge, global club that commands huge fanbases across the globe.

“It’s not very often that these clubs are up for sale, so to an investor that has that kind of money I think they’ll still be very interested.“

In other news, Kieran Maguire reveals Man United FFP status as Uefa visit looms – ‘it doesn’t look great’