By Dr Dan Plumley

11th Jan, 2022 | 3:00pm

Finance guru: Man United chiefs want 'so much more' after £11m payout confirmed

Man United investors’ recent £11million dividend could have been “so much more” if their sporting success matched their business exploits.

That is the view of finance expert Doctor Dan Plumley, speaking exclusively to Football Insider about the latest round of payouts to shareholders.

statement that accompanied United’s latest quarterly results released in November revealed that investors were due £11m last Friday (7 January).

The Red Devils revealed a £10.2m operating loss in the same set of results, while the last annual figures showed a £92m deficit.

United are currently 7th in the Premier League and have won just three major trophies since Sir Alex Ferguson’s retirement in 2013.

Plumley insists that United’s shareholders will be aware that their lack of on-pitch success will catch up to them in the long run.

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“There are two ways to spin this,” the Sheffield Hallam University expert told Football Insider‘s Adam Williams.

“The performance financially has been pretty good in recent years in comparison to the sporting performance.

“So on the one hand, investors might be content with how things are going.

“The other way of looking at it is, how high could that dividend payment have gone if the club had seen success like it did in the Sir Alex era?

“Sporting performance will dictate the value of the club. They have grown and the value has gone up.

“But there is always the question of if it could have gone higher. The answer to that is yes, of course it could.

“It’s not a bad sum to pay out to shareholders, but it could have been so much more over the years. That’s what the investor wants. That’s the trade-off.”

United squeezed past Aston Villa with a 1-0 win in the FA Cup third round last night (10 January).

Ralf Rangnick’s side play Villa again on Saturday (15 January) in the league.

In other news, pundit issues “incredible” Edinson Cavani claim after confirmed Man United news