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Why Ineos are set to make even more redundancies at Manchester United

Manchester United co-owner Sir Jim Ratcliffe
-Credit:Manchester United via Getty Images


Sir Jim Ratcliffe is set to instigate another round of redundancies at Manchester United, with over 100 people set to lose their jobs as the cost-cutting measures continue at Old Trafford.

Ratcliffe laid off around 250 staff in the autumn, which was just under a quarter of the club's workforce, but more job losses are now expected as Ineos continue to try and tighten spending at the club.

The cuts come amid Ratcliffe's desire to slash costs at United, a club that has lost more than £300m in the last three years. While Ratcliffe ploughed in £241m when he agreed his minority investment last year, it is understood that capital injection hasn't significantly altered the long-term financial picture for the club, with some of it being used to fund the redevelopment of the club's Carrington training ground

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Officials insist costs on and off the pitch remain high and need to be slashed. United are languishing 13th in the Premier League this season and is in real danger of missing out on European football in the 2025/26 season.

Ratcliffe's priority is to restore United to the top of the English game. The 72-year-old billionaire is keen to hand Ruben Amorim every penny he can to transform his squad and once again challenge for the highest honours in the game.

Staff at risk of redundancy have yet to be formally informed, and United are considering a range of options to reduce costs further.

The development comes when the spotlight is on the Ineos sporting empire after a difficult few months. They are seeking new sponsors for the Ineos Grenadiers cycling team, with chief executive John Allert saying in January: “I think it’s fair to say that Ineos don’t want to spend more money."

That was followed by the decision to part ways with Sir Ben Ainslie over the bid to win the America's Cup, with that separation now seemingly heading for the courts.

This week, New Zealand Rugby (NZR) also launched legal proceedings against Ineos after they failed to pay the first instalment of their 2025 sponsorship fee. NZR plans to remove the Ineos logo from the back of their playing shorts and front of the training jerseys and, in a statement, confirmed they have taken legal action.

Ineos were three years into a six-year sponsorship deal with NZR and say they have been seeking to renegotiate that agreement due to difficult trading conditions in Europe for the petrochemicals business.