The alleged co -owner of Manchester United Sir Jim Ratcliffe considers another circle of reduction in the job as part of current cost savings measures at the club.
Older data in United confirmed that additional cost reduction strategies are being explored, and the club has lost almost £ 300 million in the last three years. One insider described the situation as “unsustainable.”
Although the club did not directly deal with reports suggesting that the Ineos Group, presided over by Ratcliffe, was considering between 100 and 200 dismissals.
Another potential move of cost reduction includes the possible closure of the United Office in London in Kensington.
However, the club officials insist that they will continue to have a presence in the capital to focus on global marketing and commercial partnership.
Ineos has already administered significant reductions, including reducing 250 jobs, abolishing the role of Sir Alex Ferguson as a paid ambassador and completion of a free trip to the Cup final.
The explanation of these measures is the diverting of funds in the strengthening of the team team. It is estimated that the previous round of blowing will save the club around £ 45 million a year.
Jackie Kay, United’s head of the team surgery, should leave after almost three decades at the club. Her departure indicates another significant change under Ratcliffe’s guidance.
🚨 Sir Jim Ratcliffe realizes that his decisions are unpopular, but he thinks he lacks awareness outside the club regarding a full picture #mufcsituation. [@JamieJackson___] pic.twitter.com/wjj5fcvv7z
– United Stand (@unitedstandmufc) 12. February 2025
In December, Ratcliffe warned that it would be necessary “the harder and unpopular decisions” to move the club in the direction it predicted.
Many United employees, including some already affected by a decrease in work, admit that the club has become “bloated” in terms of staff. However, the extent of the reduction has left many shocked and frustrated.
Ratcliffe has already scored £ 300 million in Manchester United, with a significant part assigned to the Carrington training upgrade and planning a possible new stadium.
The latest United financial statements discovered a net loss of £ 113.2 million for the year that ended on June 30, 2024.
The club has previously reported on losses of £ 28.7 million in £ 2022-23 and £ 115.5 million in 2021-22, and cumulative losses of more than £ 370 million in the last five years.
Ineos and Ratcliffe faced criticism for increasing ticket prices to £ 66 per game, without a discount for children or retirees.
On the field, Manchester United’s performances were disappointing. Currently, they sit in 13th place in the Premier League, the League of Liverpool League for 27 points were lagging behind, and four best for 14 points.
According to the new ownership, the club spent over £ 200m on new signatures in two transfer windows.
At the same time, the exit of key players were facilitated, with the midfielder Scott Mctominay moved to Napoli, and Marcus Rashford joined Aston Vili on loan.
High signatures of Jadon Sancho and Antony were also borrowed as part of the Detachment District.
