Manchester United has announced its intention to go to 200 other redundant employees as part of their continuous cost reduction measures.
United announced its first wave of job losses last season with around 250 employees leaving in summer. The last cuts – unveiled only a few days after the birthday of the arrival of Sir Jim Ratcliffe as a co -owner – will be added to these layoffs and will assign between 150 and 200 employees of the club.
“We are responsible for placing Manchester United in the strongest position to win in our male, female and academic teams,” CEO Omar Berrad said on Monday published on Monday. “We are launching a large series of measures that will transform and renew the club.
“Unfortunately, this means announcing other potential redundancies and we deeply regret the impact on colleagues affected. However, these difficult choices are necessary to put the club back on a stable financial basis.”
Sources have told ESPN that the staff will discover if they are affected by the cuts between April and June.
United has announced losses of more than 300 million pounds sterling ($ 379 million) in the past three years.
Last week, the club published its latest financial results which showed that revenues fell to 198.7 million pounds sterling for the last three months of 2024, against 225.8 million pounds sterling for the same period a year earlier.
“We have lost money in the past five consecutive years,” added Berrad.
“This cannot continue. Our two main priorities as a club devote success in the field for our fans and the improvement of our facilities. We cannot invest in these objectives if we are continuously losing money.”
In addition to new layoffs, United plans to move certain employees of the Old Trafford offices to their training ground in Carrington. There will also be a “reduced presence” in their London office in Mayfair.
At a staff meeting on Monday, the staff was also informed that free lunches at Old Trafford will end. A source told ESPN that the bosses expect this decision to save the club more than 1 million pounds sterling each year.
Sources have added to ESPN that the club will focus its charities on the Manchester United Foundation (MUF) and the Manchester United Disable Supporters’ Association, with conversations in progress with the MUF on the value of the contributions.
