OneFootball
Ben Browning·24 February 2025
OneFootball
Ben Browning·24 February 2025
Manchester United have confirmed that they plan on cutting a further 150-200 jobs as part of their economic club restructure as they look to become a profitable enterprise.
Currently 15th in the Premier League, the Red Devils have been looking to cut-costs since the arrival of INEOS and Sir Jim Ratcliffe, and have now outlined their plans to do so.
Indeed, as they look to "transform its corporate structure", they are set to let yet more people leave "to improve the club’s financial sustainability and enhance operational efficiency."
Omar Berrada, Manchester United CEO, said: “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.”
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