Manchester United co -owner, Sir Jim Ratcliffe, to cut around 200 more jobs, part of the continuous costs of salvation measures, in the midst of claims that the club be “bust”.
Ratcliffe has been ruthless since a minority purchase was made official earlier last year, reducing the Club’s Non-Football labor one fourth during the summer.
Other measures have been included to reduce spending Finish the salary of Sir Alex FergusonIn addition to lowering the money paid to the old legendary players who serve as ambassadors. Many long -term employees have already continued and several employees have been withdrawn. Fans also feel the pinch, with the prices of tickets and the deleted concession rates.
The United generated a club record of 661.8 million pounds in revenue for the season 2023/24, but still recorded a net loss of more than £ 100 million to highlight an alarming financial situation.
The tutor He writes that Ratcliffe thinks that 200 additional work cuts are “needed to help the club prevent the buzz.” Financial mismanagement in recent years is guilty of the current situation, but there is hopes that the “painful” and “unpopular” measures carried out can now restore financial health as soon as in 2027.
With about 1,000 employees in books before last summer, U.S. labor force could be soon more than half of what it was.
Critics have stated that the removal of hundreds of everyday people from the pay invoice will not completely cover the annual salary of a first -team player who wins hundreds of thousands a week. The United has also passed frivolously to sacking Erik Ten soon after extending his contract, contracting Ruben Amorim and dismissing Dan Ashworth as sports director in a matter of months.
