This has been yet another difficult season at Old Trafford. A top-four finish is the best they can hope for domestically as they sit 19 points behind Manchester City. And the Champions League is still their only way to win a trophy. United has been led by interim manager Ralf Rangnick since December when the German took over for Ole Gunnar Solskjaer following a terrible start to the season.
Murtaugh has been encouraged by the club’s “better results” as they aim to qualify for the Champions League at a time when the search for the next permanent manager is still ongoing.
“We understand that consistency is critical as we aim for a top-four finish this season,” Murtaugh stated.
“However, I want to emphasize that this is not Manchester United’s ultimate goal.” And everyone at the club is focused on competing for the most prestigious trophies.
“We are currently pursuing a rigorous process to recruit a new permanent manager who will take over this summer.” With the goal of getting us back into contention for domestic and European titles.”
Mauricio Pochettino of PSG and Erik ten Hag of Ajax are among the frontrunners to follow Solskjaer on a permanent basis.
The vision of Richard Arnold
Under Marc Skinner, the women’s team is “enjoying a strong campaign,” according to the football director. While the search for a Head of Women’s Football has begun. Murtough also mentioned the recent appointment of a Director of Data Science at United.
“Overall, while there is potential for further improvement and progress,” Murtough told investors. We believe we now have the necessary systems in place across our men’s, women’s, and academy teams to support long-term success. And we will continue working relentlessly and investing to achieve that.”
Murtough’s comments were echoed by Richard Arnold. For the first time since taking over as CEO on February 1, the CEO has made a public statement.
“Everyone affiliated with Manchester United should believe in the potential that lies ahead of us, both on and off the field, and in the way we engage and serve our fans,” he stated.
“We have a distinct vision. And we are putting in place a winning plan with an empowered leadership team to drive it forward.
“Through a world-class football atmosphere, we will build an outstanding culture.” While increasing the position of fans at the heart of the club and leveraging Manchester United’s capacity to positively influence people, the environment, and society.
“All of this will be underpinned by a long-term operating strategy that ensures the club is strong now and secure in the future.”
United paid £10 million in “extraordinary items” in its second-quarter results for fiscal 2022. This included remuneration for previous manager Ole Gunnar Solskjaer as well as some members of the coaching staff. While also accounting for a revaluation of the Football League pension scheme deficit.
The operating profit for the quarter is £5.4 million, according to the data. Revenue increased to £185.4m, a 7.3% increase over the same time last year.
United’s net debt has climbed by 8.6 percent to £494.8 million. Wages for players increased 19.6 percent to £97.7 million “over the prior-year quarter due to investment in the first team playing squad.”