According to what was stated, Sir Jim Ratcliffe, the owner of Manchester United, is studying another round of discounts in jobs as part of measures to save continuous costs in the club.
The higher figures in United confirmed that additional strategies are being explored to reduce costs, as the club has lost approximately 300 million pounds during the past three years. One description of the interior is the position as “not sustainable”.
Although the club did not directly address the reports indicating that the INEOS group, which is headed by Ratcliffe, is considering between 100 and 200 of repetition.
Another possible step to reduce the possible closing costs of the United London office in Kinsington.
However, club officials insist that they will continue to obtain a presence in the capital to focus on global marketing and commercial partnerships.
INEOS has already implemented major discounts, including lowering 250 jobs, stopping the role of Sir Alex Ferguson as a paid ambassador, and ending the travel of free staff for the cup finals.
The reason behind these measures is to redirect money to strengthen the first team. The previous round of repetition was estimated to save the club about 45 million pounds per year.
Jackie Kai, the head of the United team’s operations, is scheduled to leave after nearly three decades in the club. Her departure represents another change under the leadership of Ratcliffe.
🚨 Sir Jim Ratcliffe realizes that his decisions are not popular, but he feels that there is a lack of awareness outside the club regarding the full image of #Rurncsituation. ((jamiejackson__)) pic.twitter.com/wj5fcvv7z
– The United Stand (UNIDSTANDMMUFC) February 12, 2025
In December, Ratcliffe warned that “difficult and unpopular decisions” would be necessary to transfer the club in the direction it imagines.
Many United employees, including some who are already affected by job discounts, admit that the club has become “rinse” in terms of employment. However, the extent of discounts has left a lot of shock and frustration.
Ratcliffe has already injected 300 million pounds in Manchester United, with an important part to upgrade the Carrington training facility and planning a possible new stadium.
The latest financial statements in United revealed a net loss of 113.2 million pounds for the year ending on June 30, 2024.
The club previously reported losses of 28.7 million pounds in 2022-23 and 115.5 million pounds in 2021-22, with cumulative losses exceeding 370 million pounds during the past five years.
INEOS and RATCLFFE faced criticism to raise the prices of the match day to 66 pounds per game, with no discounts for children or retirees.
On the field, Manchester United shows were disappointing. They are currently sitting in the thirteenth place in the English Premier League, where they fail to league league leaders with 27 points and four points in 14 points.
Under the new ownership, the club spent more than 200 million pounds on a new signature through transport windows.
Meanwhile, they facilitated the main players ’exits, as midfielder Scott Macombina move to Naples and Marcus Rashford joined Aston Villa on loan.
Jadon Sancho and Antony signatures were also loaned as part of the team amendment.
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