United fans are protesting the Glazers' ownership.

After receiving criticism from fans regarding their strategy, Manchester United has responded by stating that they will continue to honor their commitment to distribute annual dividends to shareholders.

In the annual report that was published a month ago, it was revealed that shareholders received dividends totaling £33.6 million for the fiscal year ending in June 2022, with the vast majority of those funds going to the Glazer family.

This brings the total dividend payouts over the past seven years to 155 million pounds, and the strategy has infuriated supporters, who have been critical of the Glazer family for their lack of investment in the club and their missing ownership of the organization.

It was a dismal year for United on the pitch as well, as the club recorded its worst-ever Premier League season during this time period. The financial results for the year that ended in June 2022 indicated that United made a net loss of £115.5million during this time period.

During a meeting with fans that took place a month ago, questions regarding the company's dividend payments were directed against Chief Executive Richard Arnold. This meeting took place before the most recent financial results were made public.

A supporter raised the question of how dividend payments could be justified in light of the fact that the team had incurred losses and was coming off of a "extremely bad year."

Arnold noted that dividends are a method for delivering a return to investors, such as pension funds as well as thousands of small investors and fan shareholders, based on a company's long-term performance. "Dividends are a system for providing a return to investors,"

"Although the epidemic has had an effect on recent financial performance, we have been continuously profitable in the years leading up to it, and we anticipate that this trend will continue in the years to come.

Our dividend yield has averaged 1.1% over the past five years, which is lower than the average of 1.7% for firms in the SP 500 and 3.9% for companies in the FTSE 100. The Board of Directors is responsible for conducting an annual evaluation of our dividend policy.