Sir Jim Ratcliffe plans up to 200 redundancies at Manchester United
Sir Jim Ratcliffe plans up to 200 redundancies at Manchester United

Sir Jim Ratcliffe plans up to 200 redundancies at Manchester United

News summary

Sir Jim Ratcliffe is set to implement another round of job cuts at Manchester United, with plans to lay off between 100 and 200 staff members as part of ongoing cost-cutting measures following a £300 million loss over the past three years. This follows previous layoffs of around 250 employees, which were aimed at reducing operational expenses and improving the club's financial situation. Despite Ratcliffe's investment of over £241 million since acquiring a minority stake, the club's financial challenges persist, prompting further austerity measures, including increased ticket prices and the cancellation of certain employee perks. The aim of these redundancies is to free up funds for manager Ruben Amorim to enhance the team's performance. Ratcliffe's approach has drawn criticism from fans and former players, as he seeks to comply with Premier League financial regulations while attempting to restore the club to its former glory. Staff members have not yet been formally notified of the impending cuts, but expectations are high for an announcement soon.

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