Incoming Bayern Munich manager Carlo Ancelotti has slammed the ‘not so passionate’ owners of Manchester United and Arsenal, saying they are too far removed from the club and only care about money.

The Glazer family, who own United, and Stan Kroenke, the majority shareholder of Arsenal, are both based in America as they own NFL franchises which they are more hands on with.

As a result of their lack of involvement in the club, Ancelotti believes they care more about the financial figures than anything that happens on the pitch and it is for this reason that reigns like Sir Alex Ferguson’s and Arsene Wenger will never happen again.

“It is unbelievable what happened to Manchester United and Arsenal,” the former Chelsea and Real Madrid boss told Hawksbee and Jacobs.

“Both managers, Wenger and Ferguson, have done fantastic jobs for all the years they’ve been there.

“I think the difference now is that the owners of Arsenal and Manchester United are removed [from the club] in America. They are not so passionate.

“There are two important aspects in football – the result and the financial aspects. I think Arsenal and Manchester United are more focussed on the financial aspects.

“One year you can win and reach the Champions League but [for their owners] the important thing is the financial situation. For other clubs, like AC Milan and Real Madrid, the most important thing is the result.”

CARLO ANCELOTTI: Quiet Leadership (Portfolio Penguin) is out now.