Manchester United has confirmed that no fewer than 200 employees will lose their jobs as part of a second wave of cost savings since the arrival of Sir Jim Ratcliffe and Ineos.
Last summer, 250 employees saw superfluous in a brutal first wave to save costs.
But the list of victims will now increase with between 150 and 200 after a statement revealed the following steps in the club's transformation plan.
A club statement that was released this afternoon said: “Manchester United will transform its business structure as part of a series of extra measures to improve the financial sustainability of the club and to improve operational efficiency.
“The transformation plan is intended to reduce the club to profitability after five consecutive years of losses since 2019.
“This will create a more solid financial platform from which the club can invest in the success of men and women's football and improved infrastructure.
“As part of these measures, the club expects that around 150-200 jobs can be made superfluous, depending on a consultation process with employees.
“These would be a supplement to the 250 roles that were removed last year.”
Sunsport exclusively revealed how lunches except the first team had been reduced to soup and sandwiches – and that includes coaches and analysts, with a later report from The Guardian who revealed that the Staffcanteen would close completely.
The termination of free lunches for staff is estimated to save the club £ 1 million a year, while the club also scales back the presence of London, according to BBC Sport.
In the meantime, Sunsport also reported exclusively how the Onder-18s were denied the chance to play in Old Trafford in the FA Youth Cup Fifth round, with the game in Leigh Sports Village to save £ 8,000.
Ratcliffe have canceled the annual Christmas party of the club, the prizes for concession tickets increased and financing for a good cause for a good cause.
Sky Sports Report The club continues to work for a donation of £ 40,000 a year to their disabled supporters' association, but is considering reducing payments to the MU Foundation.
Reports revealed without an investment of £ 240 million from new minority owners, Ineos, Man Utd would “no longer have any money”.
Financial figures for the second quarter of the 2024/25 financial year published how bad the situation had become, with interest costs since the glazers took over in 2005 now achieved more than £ 1 billion.
The report also showed that without an investment of £ 80 million from Ineos in the quarter the club would be up to only £ 15 million in cash.
CEO Omar Berrada explained the devastating impact of years of mismanagement on the club after having lossly losing for five consecutive years.
He said: “We have the responsibility to bring Manchester United to the strongest position to win in our men's, women's and academic teams.
“We initiate a wide range of measures that the club will transform and renew.
“Unfortunately, this means that announcing further potential dismissals and we deeply regret the impact on the affected colleagues.
“However, these hard choices are needed to put the club back on a stable financial foot. We have lost money in the last five consecutive years. This cannot continue.
“Our two most important priorities such as Club provide success on the field for our fans and improving our facilities. We cannot invest in these objectives if we constantly lose money.
“At the end of this process we will have a more skinny, agile and financially sustainable football club, while we will continue to offer a world -class service to our valuable commercial partners.
“We will then be in a much stronger position to invest in football success and improved facilities for fans, while we meet UEFA and Premier League regulations.”
A damn statement from the Man Utd supporters Trust (must) after the publication of the second quarter of financial results said: “Today's financial results were the size of the financial mismanagement we saw at Manchester United …
“Fans should not pay the price for a problem that starts with our paralyzing debt payments and is exacerbated by a decade or more mismanagement.
“It's time to freeze the ticket prices and have everyone – players, management, owners and fans – find out and to restore this club to where it belongs.”
If the Off -Pitch situation was not bad enough, things on the field couldn't be much gloomy.
The club is experiencing its worst season on the field, because they were banned in the 1970s and every position they are going, it costs £ 4 million in prize money.
By sitting 15th in the table, at points in 16th place West Ham, the Red Devils can also be left without European football next season, unless they win the Europa League.
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