"Manchester United: Finances in focus after club reveals £300m losses over past three years"
https://www.skysports.com/football/news/11667/13295399/manchester-united-finances-in-focus-after-club-reveals-gbp300m-losses-over-past-three-yearsGiven this news I would argue that United are not in financial trouble. Ten Hag spent a huge amount of money on transfers, which turned out to be extremely unsuccessful and now Amorim is trying to rectify the situation, but without new transfers it will be difficult. Although even with the players that United have now, they can win and should be clearly above the 8th place in the EPL.
Nevertheless, Ten Hag's legacy will be remembered for a long time, given the damage he did to Manchester United.
I know United spent more money under ETH, but he shouldn't be blamed for the debts, the Glazers are the ones that approved those deals so they should be the ones to blame. I believe with the decision taken by Sir Jim Ratcliffe, United should be able to balance the books in few years but one area they really need to work on is the team performance. If they can get back to the champions league and also do well in the EPL, they will generate more revenues.
Glazers bought players for Ten Hag and spent especially a lot in the first season and Ten Hag picked up almost all of these players, including Onana and Zirkize and Antony and then United stopped playing well, defeat after defeat, United stopped qualifying for the Champions League and there was no success in the EPL either and in such a situation the deductions also dropped, because in big tournaments you can make money on games and advertising, but who of the serious sponsors will pay money for advertising to a team ranked 8th in the EPL?
In general, Ten Hag is to blame for spending a lot of money on players, but under his leadership United played even worse than when David Moyes or Mourinho trained United.