Manchester United has confirmed plans for up to 200 more staffing as part of the restructuring that they hope will “improve the financial sustainability of the club and improve operating efficiency”.
Despite healthy revenue rate, including a club record of £ 662 million for the 2023/24 season, United has made financial losses in five consecutive years since 2019.
A club statement Published on Monday afternoon he explained that, in more than 250 jobs already withdrawn in the previous Redundancian round last summer, another 150-200 roles are vulnerable. At the end of the “consultation process”, U.S. labor force could be just over half of what only a few months ago, having numbered above 1,000.
Reducing the costs to strengthen the club’s financial foot is the promoter of another round of brutal cuts, although critics will emphasize that several members of the playforce staff have been more a financial drain than even All hundreds of everyday staff.
Employees have already seen many advantages withdrawn in recent months, with the staff canteen at Old Trafford the last sacrifice, which will be replaced by free fruits in the offices, according to The tutor.
The club has also been guilty of wasting substantial funds; In firing Erik Ten it has shortly after expanding his contract, paying to break Ruben Amorim out of his sports CP contract and hire and shoot Dan Ashworth.
In the meantime, the Purchase of the Glazer family is still a crushed financial burden, with more than 1 million £ lost to serve the huge debt Imposed during the 2005 takeover. Before that, Manchester United had been free of debts since the 1930’s.
“We have a responsibility to put Manchester United in the strongest position to win our men’s, feminine and academic teams. We init a large series of measures that will transform and renew the club,” said CEO Omar Berrada de the statement.
“Unfortunately, this means to announce more possible redundancies and we regret the impact on the affected colleagues. However, these harsh options are necessary to put the club again on a stable financial foot.
“We have lost money for the past five consecutive years. This cannot continue. Our two main priorities as a club offer success on the pitch for our fans and we improve our facilities. We cannot invest in these goals if we lose continuously money.
“At the end of this process, we will have a more magrian football club. And it improves facilities for fans, keeping UEFA and Premier League Regulation “.
