Manchester United lost 322 jobs as part of a major cost optimization program after Jim Ratcliffe relinquished control of the club's operations. The Telegraph reports about it.
Based on the financial situation of Manchester United for the 2025/26 season, the number of full-time employees of the club changed from 1127 to 805 over two years. In this manner, the short term amounted to 28.6%.
Ambitions are under threat: Manchester United is selling the Old Trafford turf after another beatdown. The biggest reduction in staff was in the media and commercial departments - by 45% and 44% in line.. In administrative departments, including the branch of work with receipts, 161 posads were liquidated. Another 60 working hours spent time in football, scouting and academies.
Ratcliffe launched a large-scale program to reduce expenses after acquiring a minority stake in the club in the Glazer homeland and transitioning to managing operational activities in the dead of 2024. Behind the idea of \u200b\u200bcare, the wild cats are heading straight to the warehouse.
The club's financial performance actually improved on the operating level: earnings of just under 70 million pounds in 2024 were replaced by operating income of 22.6 million pounds in the bank account.. Recently, Manchester United ended the last financial crisis with an additional surplus of 47 million pounds, extending a series of surplus seasons to seven years.
With this financial commitment, the club will lose significant. The amount of unpaid transfer fees has increased to 1.15 billion pounds. Zokrema, the club has ?578 million in historical debt, ?200 million in revolving credit facilities and ?375 million in outstanding transfer payments.
Okremo Manchester United received an additional ?90 million to fund their summer transfer campaign. Foreign spending on new players this summer amounted to ?191.7 million, including agency fees and other fees..