Manchester United have defended their policy of paying out annual dividends to shareholders after being questioned on the approach by supporters.
Yearly accounts released last month showed dividends worth £33.6million were paid out in the year to June 2022, with the vast majority going to the Glazer family.
That takes the total dividend payments to £155million in seven years and the policy has angered supporters who have criticised the Glazer family for a lack of investment in the club and their absent ownership. READ MORE: Ten Hag got the best from Fred with new role vs Spurs The financial results for the year to June 2022 revealed United made a net loss of £115.5million and it was a disastrous year on the pitch as well, with the club recording its worst-ever Premier League season.
Chief executive Richard Arnold was grilled on the dividend payments at a fans' forum last month, which was held before the latest financial results were released.
Read more on manchestereveningnews.co.uk
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