Manchester United 'set for further redundancies' as Ineos continue cost-cutting measures
Manchester United are set to make more members of staff redundant as part of Sir Jim Ratcliffe's ongoing cuts, it has been reported.
News emerged in June last year that United had begun to hold meetings with members of staff and departments to inform them about the risk of them losing their jobs. The news came amid Ratcliffe's ongoing review at Old Trafford after assuming control of football operations at the club.
According to the Daily Mail, between 100 and 200 people are expected to be made redundant by United as Ratcliffe aims to significantly reduce the workforce compared to their Premier League rivals. The report claims that the cost-cutting measures being undertaken by United are aimed at helping strengthen the first-team squad, and it has been claimed that the number of redundancies will not exceed the 200 mark.
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United are reported to have had 1,112 employees on their books when Ratcliffe and Ineos Group completed a 27.7 per cent takeover back in February last year. This is reported to be more than any other Premier League club, including rivals Manchester City, who were reported to have had a workforce of 520 people at the time.
The Manchester Evening News reported last June that 250 people would be set to lose their jobs at United. It was in September that four staff members, with a combined total service of more than 50 years, left the club's academy.
As MEN Sport reported last year, United have stressed that they 'don't relish making these difficult decisions'. At that time it was reiterated that the restructures that are underway are being completed to ensure that the club has the best chance of success for the future.
Ratcliffe has invested £241.5million since completing the partial takeover of the club last year. The investment has helped fund the redevelopment of the Carrington training facilities, although costs both on and off the pitch remain high.
United have lost £300m over the last three years but sources say the club remains determined to return to winning ways, with measures already underway to reduce costs and raise revenues.
Manchester United declined to comment when approached by the Manchester Evening News.