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Gary Neville has hit out at Manchester United’s owners, calling them failures, money wasters, and lacking the knowledge of how to run a successful club.

The former United legend believes the Glazers’ actions are unforgivable, and change must happen soon to stop the rapid decline of the once incredibly successful football institution that is Manchester United.

United fans have had enough and want their club to be run better and are eagerly awaiting developments as the UK’s richest man, Sir Jim Ratcliffe, confirms his interest in buying the club and starting a new successful chapter in the history of one of the biggest clubs on the planet.

Speaking on Sky Sports, Neville said: “When a business is failing, and it’s not performing, it’s the owners of that business. It’s really simple. It’s failing miserably.

“There is a family over there in America who are just literally letting their employees take all the hits for them, and that is unforgivable.

“But at this moment in time, it is really desperate, really, really desperate. There’s no leadership, there is no voice.

“You can’t blame the individual player or the manager. You’ve got to look above. You have to look to the very top now.

“They’ve proved they can’t handle it these players, so they needed to have a good transfer market. They took 24 million quid out of the club about two months ago.

“We’ve now got a decrepit rotting stadium that is to be fair second rate when it was the best stadium in the world fifteen-twenty years ago.

“You’ve got a football project where they haven’t got a clue. They’ve put bankers in charge of the football club, not making football decisions. they’re not appointed a sporting director, but there are that many big things that need to be put right first.

“They’ve got to show up and basically face the music. now’s the time. You can’t keep hiding it over in Tampa and thinking that nothing’s gonna come back to you.

“So my point is here now that you’ve had failure for over ten years at Manchester United these owners since Sir Alex Ferguson, have proven in 10 years that they cannot manage a forward-thinking football club It’s been overtaken in every single department, and it’s painful.

“At this moment in time, there has been a toxic culture and atmosphere in this great football club for ten year period without its leader Sir Alex Ferguson, and David Gill, who were propping up this football club whilst the family, to be fair, was sat there in America glorifying the fact that they were part of it.

“We are now seeing what has happened without Sir Alex Ferguson, without David Gill, without leadership. We’re now seeing what’s happening. And it’s a mess, and it cannot continue to go on. It can’t. They’ve only got 40 or 50 million pounds cash left in the bank.

“They were cash rich three years ago they had £350m cash in the bank. They’ve no longer got that money in the bank. something’s going to have to give soon. Very very soon.

“Manchester United in the past in the last ten years, have always answered the fans’ anger through money and spending it in the transfer market is now no one wants to take their money.”

Neville makes a lot of good points, and it seems obvious that new ownership is the only way forward for Manchester United, although unfortunately, I don’t think that the Glazers will want to sell unless any offer from Sir Jim Ratcliffe is huge.