Man UTD: The club statement confirms up to 200 more possible release and free lunches that have been completed for Old Trafford staff | Football news
Manchester United could compensate for a further 200 excess workers as they enhance the restructuring of the corporate side of the club in an effort to save money.
After 250 roles were removed last yearThere are more large cuts along the way, because the hierarchy, which he led, participated in the owner of Sir Jim Ratcliffe, seeks to return the club to profitability. Executive director Omar Berrada said: “We have lost money in the last five years in a row. This cannot be continued.”
The club statement is: “Manchester United should transform its corporate structure as part of a series of additional measures to improve the club’s financial sustainability and increase operating efficiency.
“The transformation plan aims to return the club to profitability after five consecutive years of losses since 2019. This will create a firmer financial platform to which the club can invest in male and female football success and improve infrastructure.
“As part of these measures, the club predicts that approximately 150-200 jobs could be superfluous, in accordance with consultation procedure with employees. This would be with 250 roles removed last year.”
Berrada added: “We have a responsibility for Manchester United to place in the strongest position to win in our male, female and academic teams.
“We are launching a wide series of measures that will transform and renovate the club. Unfortunately, this means announcing further potential release and we deeply regret the impact on those affected colleagues. However, these difficult elections are needed to bring the club back on a stable financial basis.”
Last month, in response to a letter from fans about the increase in ticket prices at Old Trafford, United replied, saying: “We are currently making a significant loss every year – in the total amount of £ 300 million in the last three years.
“This is not sustainable, and if we do not act now, we threaten to not meet the requirements of PSR/FFP in the future years and significantly affects our ability to compete in the field.”
Last week, United’s quarterly accounts showed a loss of £ 27.7 million for that period, and operating profit decreased from £ 27.5 million to £ 3 million.
These latest results showed the decision to expand Erik Ten Hag in the summer as the main coach, and then released him and his staff in Backro, in nine games this season, a united about 10.4 million pounds were united.
The accounts also showed that the United More than 4.1 million pounds of compensation were united and then severance pay to bring Ashworth sports director to the club and then released it.
Free lunches for staff
Like release, the “transformation plan” will see the end of free lunches for staff at Old Trafford – saving more than one million pounds a year, the club said.
The staff bonuses will also be reduced this year, with some staff moved from Old Trafford to Carrington training and all the leadership of the club that will now be headquartered in Manchester, including the new Main Business Director Marc Armstrong, who started working with work on Monday.
United confirmed that the charity donations of the club will be focused on Manchester United Foundation, and Manchester United Disabled Fan Association, and their annual donation in the amount of £ 40,000 will remain unchanged for the latter. They are in conversations with Manchester United Foundation on their future contributions, although it is indicated that significant support will continue.
Berrada added: “Our two main priorities as a club achieve success in the field for our fans and improve our facilities. We cannot invest in these goals if we are continuously losing money.
“At the end of this process, we will have more lean, agile and financially sustainable football club, while we continue to provide a world -class service to our valuable commercial partners. Then we will be in a much stronger position of football investment in football success and improved facilities for fans, staying in accordance with with UEFA and Premier League regulations. “
“People who lose job are not responsible for problems with a man”
Chief Journalist Sky Sports News Kageh Solhekol:
“People lose their jobs. Many of them lose their jobs are not responsible for the fact that Manchester United lost something like £ 300m in the last three years.
“When you look at why United fights financially, these people are not guilty.
“The problem was a huge amount of money spent on the transfers market, players who did not deliver. Also the fact that the United Managers made decisions that the club cost a lot of money, such as Erik Ten Hag, a new contract and be paid.
“When you talk United and Finance, you have to talk about their owners. Being owned by the Glazer family cost them more than £ 1 billion in the last 19 years.
“When they bought the club, they borrowed £ 600 million and loaded it to the club. The club paid £ 834 million on that debt, 19 years later, that debt rose to £ 731 million. This is a club that was a debt that was The debt that was long -long -bey when the glazers bought United.
“They also spent £ 391 million in transfers payment. The total debt is £ 1.1 billion. In the last 10 years, the Glazers family took dividends in the amount of £ 177 million, and just over a year ago sold 25 percent of the club for the eye £ 1 billion Ineos. “
