Manchester United Cuts Funding to Charitable Foundation
Manchester United Cuts Funding to Charitable Foundation

Manchester United Cuts Funding to Charitable Foundation

News summary

Manchester United is undergoing significant cost-cutting measures under co-owner Sir Jim Ratcliffe, including the discontinuation of a £40,000 annual donation to the Association of Former Manchester United Players (AFMUP). This charity, established in 1985, supports former players, many of whom struggle financially after their careers. AFMUP trustees expressed disappointment, noting they were not informed of the funding cut until they inquired about overdue payments. Additionally, the Manchester United Foundation, the club's charitable arm, will see its benefits reduced significantly from 2025, although the club insists it will still provide 'significant' support. Critics, including the Manchester United Supporters' Trust, view these cuts as indicative of misplaced priorities at the club, which has also recently raised ticket prices and slashed staff bonuses. The club's leadership claims these measures are necessary to stabilize its finances and refocus on sporting success.

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