Ratcliffe plans massive layoffs at Man United
Football news
27 dec 2023, 04:11
Yasmine Green
Dailysports's expert
The new minority owner of Manchester United, Sir Jim Ratcliffe, intends to streamline the club's operations significantly, as reported by The Guardian.
Ratcliffe has already requested independent auditors to assess the efficiency of the club's staff and compare it with the expenditures. He believes that a substantial reduction in the number of employees is warranted. Currently, around 1000 people work for Manchester United, and Ratcliffe believes that this number can be reduced by 25-30%.
His primary goal at Manchester United is to optimize financial activities. He aims to ensure that the club fully complies with financial fair play rules.
It was previously revealed that Ratcliffe is also advocating for the construction of a new, modern stadium to replace the outdated Old Trafford.
Reminder: Recently, Ratcliffe officially acquired a 25% stake in Manchester United.
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