Manchester United to save about £10m a year after Jim Ratcliffe cuts 250 jobs
Decision has caused upset among some employeesManager Erik ten Hag has signed new contract until 2026
Sir Jim Ratcliffe’s decision to cut 250 jobs at Manchester United, which caused shock and tears from some employees, will save about £10m a year. With the redundancies worth an estimated £40,000 a head, the saving is part of Ratcliffe’s drive to restructure the club and make it sustainable.
There is a recognition among the workforce that United have become a bloated operation and the Guardian reported last December that up to 300 jobs were under threat. But when the planned redundancies were communicated at an all-staff meeting on Wednesday, there was surprise among a number of those attending in person or remotely.