Sir Jim Ratcliffe believes that more a man of UTD will reduce the job ‘to help the club avoid bust’
The Manchester United Plan Sir Jim Ratcliffe to reduce about 200 further jobs, part of the current cost savings measures, comes in the midst of the claims that he is concerned that the club could go “bust”.
Ratcliffe has been ruthless since it was officially buying minorities early last year, but has already reduced his workforce in the club during the summer.
Other measures to reduce cost are included Completing the salary of Sir Alex Fergusonas well as lowering money paid to the legendary former players who served as ambassadors. Many long -term staff have already exceeded and several employees have been withdrawn. Fans also feel a pinch, with an increase in ticket prices and eliminated concession prices.
United has earned a club record of £ 661.8 million in revenue for the 2023/24 season, but has still reported on a net loss of greater than £ 100m to highlight the alarming financial situation.
Guard It writes that Ratcliffe is the opinion that 200 additional job reductions are “necessary to help the club avoid bust.” Financially poor management has been guilty of the current situation in the last few years, but there is a hope that “painful” and “unpopular” measures taken now can now restore financial health as early as 2027.
With about 1,000 books in books before last summer, United’s workforce could soon be just over half of what was.
Critics pointed out that the removal of hundreds of daily people from the Wage Act will not fully cover the annual salary of even one player of the first team that earns hundreds of thousands a week. United also spent frowning in release Erika Ten Hag very soon after extending his contract, hiring Ruben Amorim and rejected Dan Ashworth as a sports director within a few months.