Bookmakers Betfred will refund all of the punters who backed Manchester United to retain the Premier League title this season.

Owner Fred Done, who is a United supporter, has revealed that it will cost him £200,000 to make the gesture with nine league games left to play.

Done made the decision after the Red Devils succumbed to a 3-0 defeat at the hands of arch rivals Liverpool at Old Trafford on Sunday.

"These loyal fans never had a chance of winning with United," Done told the Manchester Evening News. "This season the Reds have been useless, hopeless and meaningless.

"Anyone who has a bet on United winning the title need only take their slip to any shop and I will refund every penny."

The North-West outfit are 12 points adrift of a Champions League spot in the table.