Football
Man United announce plan to make additional 200 staffs jobless
Manchester United have confirmed that up to 200 more jobs could be lost as part of the latest INEOS cost-cutting going on at the club.
Staff were given the bad news during a meeting in the Manchester Suite at Old Trafford on Monday afternoon by chief executive Omar Berrada and chief operating officer Collette Roche.
The redundancies will be in addition to the 250 jobs lost in the initial cuts made by Sir Jim Ratcliffe and Ineos last year after United lost £300million over the last three years.
A statement from the club read: ‘Manchester United is to transform its corporate structure as part of a series of additional measures to improve the club’s financial sustainability and enhance operational efficiency.
‘The transformation plan aims to return 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 men’s and women’s football success and improved infrastructure.
‘As part of these measures, the club anticipates that approximately 150-200 jobs may be made redundant, subject to a consultation process with employees. These would be in addition to the 250 roles removed last year.’
: Sir Jim Ratcliffe arrives at the stadium prior to the Premier League match (Photo by Ash Donelon/Manchester United via Getty Images)
The club also quoted Berrada as saying: ‘We have a responsibility to put Manchester United in the strongest position to win across our men’s, women’s and academy teams. We are initiating a wide-ranging series of measures which will transform and renew the club.
‘Unfortunately, this means announcing further potential redundancies and we deeply regret the impact on those affected colleagues. However, these hard choices are necessary to put the club back on a stable financial footing.
‘We have lost money for the past five consecutive years. This cannot continue. Our two main priorities as a club are delivering success on the pitch for our fans and improving our facilities. We cannot invest in these objectives if we are continuously losing money.
‘At the end of this process, we will have a more lean, agile and financially sustainable football club, while continuing to provide 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 remaining compliant with UEFA and Premier League regulations.’
Unfortunately, this means announcing further potential redundancies and we deeply regret the impact on those affected colleagues. However, these hard choices are necessary to put the club back on a stable financial footing.
‘We have lost money for the past five consecutive years. This cannot continue. Our two main priorities as a club are delivering success on the pitch for our fans and improving our facilities. We cannot invest in these objectives if we are continuously losing money.
‘At the end of this process, we will have a more lean, agile and financially sustainable football club, while continuing to provide 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 remaining compliant with UEFA and Premier League regulations.’
The news followed a morning in which it emerged that United are closing the staff canteen at Old Trafford and offering employees fruit instead of free lunches, while non-playing staff at the Carrington training ground will only be given soup and sandwiches.