Manchester United is to transform its corporate structure as part of a series of additional measures to improve the club’s financial sustainability and enhance operational efficiency.
The transformation plan aims to return the club to profitability after five consecutive years of losses since 2019. This will create a more solid financial platform from which the club can invest in men’s and women’s football success and improved infrastructure.
As part of these measures, the club anticipates that approximately 150-200 jobs may be made redundant, subject to a consultation process with employees. These would be in addition to the 250 roles removed last year.
Omar Berrada, Manchester United CEO, said: “We have a responsibility to put Manchester United in the strongest position to win across our men’s, women’s and academy teams. We are initiating a wide-ranging series of measures which will transform and renew the club. Unfortunately, this means announcing further potential redundancies and we deeply regret the impact on those affected colleagues. However, these hard choices are necessary to put the club back on a stable financial footing.
“We have lost money for the past five consecutive years. This cannot continue. Our two main priorities as a club are delivering success on the pitch for our fans and improving our facilities. We cannot invest in these objectives if we are continuously losing money.
“At the end of this process, we will have a more lean, agile and financially sustainable football club, while continuing to provide a world class service to our valuable commercial partners. We will then be in a much stronger position to invest in football success and improved facilities for fans, while remaining compliant with UEFA and Premier League regulations.”
desbklnopy
168
why didn't they just sell to the Arabs for God's sake
lesadiknsz
80
Players are taking too much money for little returns. Foot ball money should be earn by winning a game.fans pay their hard earn money every week for little or no happiness because of some lazy leg.. Now those innocent staff who earn very little Will be sacrificed. What a crazy world
jesalam14
33
They can as well close the toilets because there's a lot of shit going on at old Trafford.
raeaostyz
14
Bad to worse. Soon they will cut some letters from their name to reduce costs. Hester Utd has a nice ring to it.
Adeyemi7883
8
why didn't they just sell to the Arabs for God's sake
Guys, Manchester United is a symbol for England m. It can never be sold to the Arabs try and think about it. United is a traditional club